CoinspeakerStripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report
Read More »Stripe, Ripple, Blockchain.com, OpenSea Lead Way for Top 10 US Fintech Companies
Top crypto companies rank amongst the largest Fintech companies in America despite market challenges. Forbes has released its annual list of the top ten largest fintech companies in the US, providing insights into the dynamic landscape of the financial technology industry. However, this year’s list includes a disclaimer due to the market downturn’s impact on fintech valuations. First on the list was payment processing giant Stripe. The crypto-friendly firm, founded by Irish brothers...
Read More »Stripe Expands Access to Its Fiat-to-Crypto Onramp with New Hosted Option
The Stripe-hosted onramp was created with Web3 companies in mind. It is designed to cater to their varied use cases. Stripe, a financial infrastructure provider for businesses, has launched a fiat-to-crypto onramp to make it easier for Web3 companies to help their US-based clients to buy cryptocurrency. According to a Thursday release by the firm, it is also making the onramp to all Web3 users, including those on the waitlist. Businesses that provide crypto and blockchain-enabled products...
Read More »Stripe Valued at $50 Billion after $6.5 Billion Raise
Stripe has retained its entity as a privately owned enterprise over the past ten years, despite persistent speculations about an IPO. Payment processor Stripe raised $6.5 billion at a $50 billion valuation, the firm announced, with a steep discount from its record valuation of $95 billion in 2021. According to the press release, the company doesn’t require money for expanding its business. The cash collection, with participation from Andreessen Horowitz, Founders Funds, Goldman Sachs, and...
Read More »Safe Collaborates with Stripe & Gelato to Release ‘Core’ Open-source Software Stack Aimed at Enhancing Decentralized Space
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Read More »Stripe Considers Public Offering, Taps Goldman Sachs & JPMorgan for Advice
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Read More »Tech Companies Announce Fresh Job Cuts in 2023
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Read More »Deloitte Set to Audit USDC Issuer Circle
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Read More »Stripe Cuts Internal Valuation for Second Time in 6 Months
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Read More »Twitter Launches Coins Feature with Stripe Payments
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