Displaying items by tag: Stripe

• Stripe’s total payment volume increased to AUD 2.2T in 2024, up 38% year-on-year, and equivalent to around 1.3% of global GDP.
• Stripe is now used by half of the Fortune 100, 80% of the Forbes Cloud 100, and 78% of the Forbes AI 50.
• Stripe continues to invest heavily in R&D, including stablecoins and AI, to help companies navigate the evolving business landscape.

COMPANY NEWS: Stripe, the financial infrastructure platform for businesses, today shared that it processed AUD 2.2 trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% of global GDP.

GUEST OPINION:  Consumers spend billions during the end-of-year shopping season, with businesses on Stripe processing over AUD 47 billion globally over the Black Friday/Cyber Monday weekend. Pre-Christmas sales in Australia are expected to grow by 2.7% from last year. With increased activity meaning the potential for more fraud, one important way retailers can make the most of this time of year is to ensure they have measures in place to prevent fraudulent activity while also not deterring customers. 

Financial infrastructure platform provider Stripe today announced that it will become the primary payments partner globally for Accor—one of the world’s largest hospitality companies comprising more than 40 hotel brands in 5,600 locations across more than 110 countries.

GUEST OPINION:   Enterprises are building, deploying and managing modern applications in cloud computing environments. By adopting cloud technologies, they can build highly scalable, flexible and resilient applications that can be updated quickly.

Auckland-based internet service provider Devoli is now offering its clients the ability to provision and manage internet and voice services for their customers in ANZ, expanding the reach of its Vumeda unified software platform.

Global human resource management solutions provider Remote has announced that Barbara Matthews has joined the company as its Chief People Officer.

GUEST RESEARCH: Stripe, a financial infrastructure platform for businesses, today released a report based on three years of proprietary data that reveals businesses in Australia are exploring new digital export flows, building a foundation for growth in the face of economic uncertainty.

Australian venture syndicate Ten13 has reached a new milestone with 550 experienced and sophisticated investors joining the new syndicate.

Business software provider Zoho's new Zoho Marketing Platform provides a single, shared view of information about marketing activities including campaign ideation, creation, execution, management and measurement.

Australian-founded fintech Airwallex has made two senior additions to its US team.

Credit and payment platform provider GetCapital has joined the Tech Council of Australia (TCA).

REA Group is one of the most recent members of the Tech Council of Australia (TCA).

Internet payments software provider Stripe has raised $733 million (US$600m) with completion of a funding round, with the capital to be used for investment in its European operations and to expand its Global Payments and Treasury Network to support what it says is “surging demand” from enterprise heavyweights.

An Australian start-up that is headquartered in the United States has raised $30 million in a series A funding round led by Stripe, with Index Ventures and Susa Ventures also participating.

 Accounting software company Xero is partnering with online payments provider Stripe to develop what they say are innovations that help small businesses get paid faster, in more ways, and gain more visibility over their business performance.

Fast growing PayPal competitor Stripe has announced a $245 million round of new funding, valuing the e-payments company at $20 billion, and has concurrently announced a new global engineering hub in Singapore.

Online payments company Stripe says "adoption of rideshare and food delivery in Australia is greater than the UK and the US, but well behind regional neighbour Singapore".

Accounting software company Xero is partnering with online payments provider Stripe to expand its payment solution with automated reconciliation.

Online payments provider Stripe has opened its platform to allow Australian businesses, and businesses worldwide, to accept payments from Chinese consumers who use mobile payment platforms Alipay and WeChat Pay.

US technology giants Apple, Google, Facebook and Microsoft have decided to draft a letter to US President Donald Trump, putting it oh-so-mildly that his stance on immigration may not be in their best interests.