In a rough economy, Stripe seeks growth in Asia
The payment company, which is downsizing, plans to expand into markets where merchants are increasingly migrating to digital commerce.
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The payment company, which is downsizing, plans to expand into markets where merchants are increasingly migrating to digital commerce.
The U.K. fintech has added support for online and in-person transactions, potentially fueling its international growth even though it reportedly faces scrutiny over its accounting practices.
Chase Bank in the UK has already reached the half-million customer mark, but expects a profit to be some years away.
Though the retailer's threat to drop Visa in the U.K. appears to have subsided, companies like Clik2pay, Affirm and Curve have seized on an opportunity to advance account-to-account transactions, buy now/pay later and cryptocurrency.
As Visa and Mastercard weigh raising rates and retail heavyweights like Amazon push back, the fintech sees an opening for a lower-cost payments alternative that banks and credit unions can offer merchants.