ICT

Stripe

Company Profile Analysis

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Stripe - ICT showcase

Year Founded & Workforce

2009-12-31

5,000 Employees

Industry

ICT

Services

S

Stripe Overview

Company Headquarters: US

Founded: 2010

Workforce: ~5,000

Company Working: Stripe, Inc. is a financial information platform provider for businesses worldwide. The company offers processing software and application programming interfaces (APIS) for e-commerce and mobile applications. Stripe helps users to accept payments by creating a subscription service, an on-demand marketplace, an e-commerce store, or a crowd-funding platform. It aims to expand Internet commerce by making it easy for users to process transactions and manage businesses online. The company makes moving money simple with the presence of dozens of offices strategically spread across the world. On average, around 90% of U.S adults have brought from a business using stripe. The company supports more than 135+ currencies.

Strategy

Stripe, Inc. follow the strategy of strategic acquisition and collaboration with another industry player for technological enhancement and product development. The company’s mission is to expand its digital payment portfolio and provide solutions for start-ups to public companies to manage their business online effectively.

Company Snapshot

5,000

Employees

2009-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strategic collaboration and acquisition with other industry players
  • Wide geographic presence
  • Strong leadership

Weaknesses

  • Overdependency on the US market for revenue generation

Opportunities

  • Business diversification opportunity

Threats

  • Stringent government rules and regulations

Key Developments

DateApproachDevelopment
March 2023CollaborationBoomerang, a global SaaS (software as a service) provider in end-to-end healthcare practice management for non-insured, private-pay segments such as dermatology, cosmetic surgery, medical spa, cosmetic dentistry, and women's health, has announced that it has chosen Stripe, Inc. to provide integrated payments within its platform. The collaboration brings together two industry experts to provide BoomerangFX clients with faster payment processing, improved security, and more flexible payment alternatives. The new service offering will first be available to Boomerang clients in Canada and the United States, with plans to expand globally later this year.
March 2023Product LaunchStripe has begun incorporating OpenAI's most recent GTP-4 model within its digital payment process and services. Stripe assists customers with recurring billing and compliance with taxes to automating financial operations.
February 2023PartnershipWPP partnered with Stripe to create innovative retail and payment solutions for joint clients. WPP is officially a Consulting Partner of the Stripe Partner Ecosystem (SPE), a programme that offers a complete set of tools and connections to industry-leading consulting firms.
July 2022RecognitionStripe, Inc received recognition of payment aggregator gateway licenses from the Reserve Bank of India.
May 2022DevelopmentStripe, Inc launched stripe Apps for helping businesses build and discover tools that work seamlessly with stripe. The Stripe Apps provides a one-stop platform for managing operations with stripe and partners.
May 2021AcquisitionStripe, Inc acquired Bouncer, a card authentication technology company. The acquisition will be helpful for Stripe, Inc to enhance its security through the use of the Bouncer machine learning-based fraud prevention tool.
May 2021LaunchStripe, Inc launched payment links that will enable online sales in minutes without utilizing codes. The new solution will enable businesses to create a link at checkout pages to receive payments on social platforms and direct channels.

Product Offering

  • Stripe
    • Online Payment Gateway
    • Digital Payment Processing

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Stripe as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Stripe

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