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Stripe

All articles tagged with #stripe

business2 months ago

Stripe-backed Tempo secures $500M to expand stablecoin payments and blockchain integrations

Tempo, a blockchain startup developed by Stripe and Paradigm, has raised $500 million in a Series A funding round led by Thrive Capital and Greenoaks, valuing it at $5 billion. The project focuses on stablecoins and aims to become a key infrastructure layer for global payments, reflecting mainstream investment interest in crypto. Stripe continues to expand its crypto-related initiatives, including acquisitions and new product launches, with Tempo representing its most ambitious blockchain project to date.

via Fortune|
#blockchain#business#funding
business3 months ago

OpenAI and Stripe Revolutionize Online Shopping with ChatGPT Integration

OpenAI and Stripe have launched an open-source Instant Checkout feature within ChatGPT, enabling seamless shopping directly through AI chat, which could revolutionize online shopping by shifting the focus from traditional platforms like Amazon and Google to AI-driven recommendations and transactions, impacting how brands market and sell products online.

via Fortune|
#business#chatbot-shopping#ecommerce-protocol
technology5 months ago

Gaming Platforms and Payment Processors Censoring NSFW and LGBTQ+ Content Amid Industry Backlash

Itch.io is seeking alternative payment processors after pressure from Stripe and PayPal led to the deindexing of most adult games on their platform, amid concerns over censorship and content moderation. They clarify that existing rules are not meant to punish legitimate creators and are actively reaching out to more accommodating payment providers, while also addressing user concerns about access and funds. The situation highlights ongoing issues with online censorship and the influence of payment processors on content availability.

via Niche Gamer|
#adult-content#censorship#itchio
business7 months ago

Apple Plans AI-Enhanced Siri Launch for Spring 2026

Stablecoins are gaining momentum as a potential infrastructure for commerce, with companies like Walmart, Amazon, and Shopify exploring their use. They could streamline payments by serving as a settlement layer, but challenges around liability, dispute resolution, and regulation remain. In some markets, stablecoins are already serving as primary payment methods, raising questions about the future of traditional banking and card networks. A hybrid future where stablecoins coexist with fiat systems seems likely.

via PYMNTS.com|
#business#commerce#digital-payments
fintech1 year ago

"Unveiling Robinhood's 3% Cash-Back Card and Fintech Innovations"

Robinhood introduces its new Gold Card with 3% cash back and investment options, while BaaS startups face challenges with layoffs and regulatory scrutiny. PayPal Ventures invests in Indonesian startup Qoala, New Retirement raises $20 million, and Swedish BNPL provider Zaver secures a $10 million extension. Additionally, tiny startup Supaglue catches Stripe's attention, and Bolt appoints a new interim CEO.

via TechCrunch|
#baas#fintech#qoala
businesstech1 year ago

"Stripe Surpasses $1 Trillion in Total Payment Volume for 2023"

Fintech giant Stripe announced that it surpassed $1 trillion in total payment volume in 2023, marking a 25% increase from the previous year. The company attributed its growth to its enterprise business, fast-growing startups adopting its products, and billing and tax services. Despite a valuation of $65 billion, lower than its peak of $95 billion in 2021, Stripe remains focused on shareholder liquidity and highlighted that startups founded in 2022 are generating revenue at a faster pace, particularly in the artificial intelligence sector.

via CNBC|
#businesstech#fintech#growth
businessfinance1 year ago

"Stripe's Positive Cash Flow Delays Public Offering Plans"

Stripe, a fintech company, is not in a rush to go public as it has achieved positive cash flow. The company's co-founder and president, John Collison, stated that they are focused on growing the business and are not feeling pressure to pursue an IPO. Stripe's valuation has soared to $95 billion in the private market, making it one of the most valuable venture-backed companies globally.

via Financial Times|
#businessfinance#cash-flow#financial-times
business-and-finance2 years ago

"2024 IPO Outlook: Reddit to Shein Spark Market Revival"

The U.S. IPO market is projected to rebound in 2024, with expectations of Federal Reserve rate cuts and improved market conditions. Renaissance Capital forecasts 120 to 170 deals, potentially raising $20 billion to $45 billion. High-profile companies like Reddit, Shein, and Stripe are among those anticipated to go public, with investors looking for more reasonable valuations following a decrease in private funding and the acceptance of down rounds in 2023. The market's recovery is also supported by companies that have improved their financials during the IPO lull, setting the stage for a stronger year ahead.

via MarketWatch|
#business-and-finance#ipo#reddit