Stripe launches payment services to 7 new markets

Stripe, payments processing giant, has launched its services in services in Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Portugal.

The countries now have access to Stripe’s global payments and treasury network. Businesses in these countries will now be able to accept payments in more than 130 currencies as quickly as just 10 minutes.

Alongside accepting payments, Stripe supports accounting, billing, paying out to third parties, and optimizing for mobile payments, from a single dashboard.

Stripe head of Central and Eastern Europe, Middle East, and Africa Felix Huber said, “Central and Eastern Europe has a lot of entrepreneurial and technological talent, and we believe even more of its companies could be expanding globally.

“Stripe aims to empower more companies from this region to export their creativity and ambition to the rest of the world.”

Earlier in the month, Stripe released a new capital financing solution for internet-based businesses. Stripe Capital utilises algorithms to calculate a company’s eligibility, analysing hundreds of datapoints from the business, such as payment volume, percentage of repeat customers, payment frequency, and changes in revenue.

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