Search Results for "Stripe"
21 results for "Stripe"
Deals 20
Cross River Bank Raises $50M Equity to Scale Embedded Finance Platform
Cross River Bank, via parent CRB Group, raised $50 million in common equity from existing investors including T. Rowe Price Investment Management. The funding will scale its API-driven core banking system (COS) powering embedded finance for over 100 fintech partners. CEO Gilles Gade framed the strategy as "embedded finance 2.0," bundling payments, cards, lending, and crypto on one AI-enhanced platform.
Stripe Reportedly Explores Acquisition of PayPal or Key Assets
Bloomberg reported that Stripe, valued at $159 billion, is considering acquiring PayPal or select assets including its consumer wallet and Venmo. The potential deal would be the largest fintech M&A transaction ever. PayPal denied sale talks and Stripe declined to comment, with subsequent reports from Semafor indicating Stripe is not actively pursuing a takeover.
Stripe Launches Tempo Blockchain Network for Stablecoin Payments
Stripe launched Tempo, a blockchain network developed with Paradigm, designed for enterprise-scale stablecoin payments. The network targets tens of thousands of transactions per second with sub-second finality. This represents a significant push by Stripe into blockchain-based embedded finance infrastructure.
Stripe Acquires Orum to Add Multi-Rail Payments Orchestration
Stripe acquired Orum, an API-based payments orchestration platform, in an undisclosed deal during July 2025. Orum's infrastructure connects businesses to multiple U.S. payment rails including FedACH, FedNow, FedWire, RTP, and Same Day ACH. The acquisition strengthens Stripe's instant payment capabilities and multi-rail access for embedded finance use cases.
Stripe Receives Georgia Limited-Purpose Bank Charter Approval
Stripe received approval from the Georgia Department of Banking and Finance for a Merchant Acquirer Limited-Purpose Bank (MALPB) charter. This enables Stripe to process Visa and Mastercard transactions directly without a sponsor bank. It is only the third such charter granted, following Fiserv and Shift4.
Stripe Acquires Crypto Wallet Infrastructure Provider Privy
Stripe acquired Privy, a crypto wallet infrastructure provider, as part of a wave of major fintech M&A activity in June 2025. The deal expands Stripe's capabilities in crypto and embedded wallet infrastructure. This signals Stripe's deeper push into Web3 and crypto-adjacent embedded finance services.
Stripe Applies for Georgia MALPB Charter to Bypass Sponsor Banks
Stripe's application for a Merchant Acquirer Limited Purpose Bank (MALPB) charter was accepted by Georgia's banking regulator in early 2025. The charter would allow Stripe to access Visa and Mastercard networks directly without a sponsor bank. No approval had been granted by April 2025, and the application remains pending.
Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion
Stripe acquired Bridge, a stablecoin infrastructure platform, for $1.1 billion in the largest crypto acquisition at the time. Bridge was founded by Coinbase and Square alumni and had raised $40 million led by Sequoia. The deal strengthens Stripe's ability to offer fast, low-cost stablecoin-based payments across chains like Solana, Ethereum, and Polygon.
Fifth Third Bank's Newline Partners with Stripe to Power Treasury
Fifth Third Bank announced that its Newline™ embedded payments platform will serve as the banking backend for Stripe Treasury. The partnership enables software platforms using Stripe to offer embedded financial accounts, payments, cards, and deposits. This replaces Stripe's prior Treasury relationships with Evolve Bank & Trust and Goldman Sachs, signaling a shift toward a more compliance-focused BaaS infrastructure.
Fragment Raises $9M Seed Round Backed by Stripe and Plaid Executives
Fragment, a fintech infrastructure startup, announced a $9 million seed round bringing total funding to $10.8 million. Investors include executives from Stripe and Plaid. Fragment provides an API to compose fund flows, generate code, and embed financial products into applications, targeting developers building on banking rails.
Stripe Acquires Merchant-of-Record Platform Lemon Squeezy
Stripe acquired Lemon Squeezy, a Salt Lake City-based merchant-of-record payment processor, for an undisclosed amount. The acquisition adds compliance, global tax handling, subscriptions, and multi-currency support to Stripe's offerings. This is Stripe's 16th acquisition since its 2010 founding.
Stripe Integrates A2A Payments in Checkout via TrueLayer
Stripe embedded account-to-account (A2A) payments into its checkout flow through a partnership with open banking provider TrueLayer. The integration enables merchants using Stripe to accept direct bank payments alongside traditional card payments. This aligns with the broader embedded finance trend projected to exceed $7 trillion by 2026.
PayPal Launches Tap to Pay on Android for U.S. Merchants
PayPal launched Tap to Pay on Android for U.S. merchants through its Venmo and Zettle apps, enabling contactless payment acceptance without additional hardware. This embedded finance capability allows merchants to turn Android phones into payment terminals. The launch followed PayPal's earlier iOS support and trailed competitors Stripe and Square.
Stripe Becomes Strategic Payments Processor for Amazon
Stripe was announced as a strategic payments processor for a significant portion of Amazon's payments volume in the U.S., Europe, and Canada. The deal covers Amazon Pay and Buy with Prime on non-Amazon sites. This marks a major expansion for Stripe's embedded payments infrastructure into one of the world's largest e-commerce ecosystems.
Kasheesh Launches Card-Splitting Digital Payments Platform in the US
Kasheesh launched a digital payments platform in the US that allows consumers to split online purchases across multiple debit and credit cards via a browser extension. The platform is built in partnership with Stripe and Plaid. It represents a novel embedded payments use case at the point of checkout.
Stripe Launches Financial Connections for Direct Bank Account Access
Stripe launched Financial Connections, enabling businesses to directly connect to customers' bank accounts for verification and payments. The product competes with Plaid, Finicity, Yodlee, and MX by proxying through providers for banks without APIs. This positions Stripe as middleware bridging fintech applications to legacy banking infrastructure.
Cross River Bank Raises $620M at Over $3B Valuation
Cross River Bank, a leading BaaS provider, raised $620 million in a funding round valuing the company at over $3 billion. The round was led by Eldridge and Andreessen Horowitz with participation from T. Rowe Price, Whale Rock, and Hanaco Ventures. The capital will fuel expansion in payments, lending, and banking-as-a-service for its 80+ fintech partners including Affirm, Coinbase, and Stripe.
Mastercard Launches Send Partner Program with Leading Fintechs
Mastercard launched its Send Partner Program, onboarding technology players including Fenige, Adyen, Checkout.com, PayPal, and Stripe to drive innovation in real-time digital payments. The program enables banks and fintechs to embed Mastercard Send capabilities via white-label or integrated solutions. This broadens embedded payment rails across B2C and C2C use cases.
TrueLayer Raises $130M Series E Backed by Tiger Global and Stripe
TrueLayer, an open banking payments platform, raised $130 million in Series E funding from Tiger Global Management and Stripe, surpassing a $1 billion valuation. The company launched PayDirect, Verification API, and Payouts solutions in 2021. TrueLayer positions itself as an API-based alternative to traditional card payment networks.
Brex Expands Instant Payouts to PayPal, Square, and Stripe Merchants
Brex expanded its instant payouts service to merchants using PayPal, Square, and Stripe, enabling immediate access to earnings for a fee. Previously the feature was limited to Amazon and Shopify users. The expansion aims to improve cash flow for Brex customers who also benefit from free wires, ACH transfers, expense management, and rewards.