What Is Stripe?

Stripe is an online payment platform

Stripe processes both card payments and ACH (Automated Clearing House) payments. Pricing is done on a pay-as-you-go basis, with a fee taken from each individual payment transaction.

Stripe is headquartered in San Francisco. In Feb 2019, Stripe announced that it was co-leading a $40 million Series B funding round for Rapyd, the global fintech-as-a-service platform that enables local payments and cross-border ecommerce. General Catalyst led the round with Stripe, with participation from Target Global, IGNIA, and others.

Stripe offers other functional tools including:

Stripe Radar
Stripe Checkout
Stripe Elements
Stripe Billing

Mark Stiltner

Mark Stiltner is a finance and fintech writer. From educating independent investment advisors on retirement plan management to helping families maximize their savings to educating businesses on global payment preferences, Mark has spent over a decade researching and educating audiences on complex financial topics. Mark has been a contributing author on blog articles and educational content for the Bank of Colorado, Pinnacle Bank, TD Ameritrade, First Data and Rapyd.