Breaking News
Adastria Group Chooses Stripe to Power Its Secondhand Marketplace
Stripe, a financial infrastructure platform for businesses, today announced that it has been selected by Adastria Group to power the Japanese apparel company’s new secondhand clothing marketplace, dot-C. Adastria, which recently celebrated its 70th anniversary, operates a chain of clothing stores in Japan, China, Taiwan, Hong Kong, and the United States. The dot-C app is the first of its kind in Japan, and will allow Adastria customers to purchase secondhand clothing directly from their favorite staff member.
Adastria Group previously produced an online Staff Board which showed popular clothing store employees wearing outfits from across its fashion brands. This encouraged customers to buy the same “look” as the staff, who in turn became fashion influencers for the company. Over time, employees noticed demand from fans to buy their pre-worn clothing. This led Adastria to launch dot-C, which allows staff to sell their used clothing on an open marketplace.
“Staying ahead of changing consumer trends is a huge priority for Adastria Group. With dot-C, we’re fundamentally changing buying habits, and it is important that the payment experience of our users in the app is equally innovative,” said Megumi Kawamura, senior marketing manager at Adastria Group. “With Stripe, we were able to set up dot-C’s online payments infrastructure in just three months.”
Stripe Connect enables Adastria to embed Stripe’s global payments platform directly into the dot-C marketplace, offloading all payments-related requirements onto Stripe, while keeping the customer experience fully dot-C branded. This means that Adastria staff members can safely and securely receive payment for the clothing they sell online. Dot-C uses Stripe Radar to detect and block fraud. Radar is powered by machine learning models trained on data across millions of global companies.
“The fashion industry is undergoing another wave of transformation as consumers become more conscientious about their buying habits,” said Eileen O’Mara, chief revenue officer at Stripe. “With creative ingenuity, Adastria is changing how people buy clothes online and we’re thrilled to play a part in its new business model.”
People In This Post
Companies In This Post
- Latin America’s Payments Evolution is Unlocking Digital Commerce for Millions Read more
- Boku Deepens LATAM Commitment, Readies Merchants for Brazil’s Digital Payments Revolution via Pix Read more
- MAPFRE is the Largest Multinational Insurance Company in Latin America Read more
- African Development Bank Group’s Office of Integrity and Anti-Corruption Partners with Special Investigations Unit to Combat Financial Crime Read more
- The 4th Edition of the Africa Fintech Forum to Shape the Future of Finance in Kenya on October 15 Read more
MAPFRE is the Largest Multinational Insurance Company in Latin America
MAPFRE is the leading multinational insurance group operating in Latin America, with $10.932 billion in premiums, $133 million more than the previous year, and a market share of 5.1%.
African Development Bank Group’s Office of Integrity and Anti-Corruption Partners with Special Investigations Unit to Combat Financial Crime
The African Development Bank’s Office of Integrity and Anti-Corruption (PIAC) (www.AfDB.org) and the Special Investigations Unit (SIU) of South Africa have signed a Memorandum of Understanding establishing a framework for cooperation between the two organizations for information sharing and capacity building.
The 4th Edition of the Africa Fintech Forum to Shape the Future of Finance in Kenya on October 15
The 4th edition of the Africa Fintech Forum will take place on 15th October 2025 at the Pullman, Nairobi, Upper Hill, bringing together leaders, innovators, and policymakers from across the African financial technology ecosystem.
Prove Launches Global Identity Graph to Redefine Digital Trust for 90% of Digital Consumers
Prove, the global leader in digital trust, today announced the launch of the Prove Identity Graph, a foundational layer of Prove’s platform that enables enterprises to verify and recognize customers instantly, securely, and globally.
The Most Financially Excluded Pay More To Buy Stablecoins
With Financial Inclusion Week underway, Orbital – a global payment orchestration platform across stablecoins and traditional payment rails – has released its new Stablecoin Premiums Dashboard* which offers insights into stablecoin market data that reveals that the countries with the highest stablecoin premiums are those with populations that, on average, are more financially excluded.
Sumsub Named a Leader in IDC MarketScape for Worldwide Identity Verification in Financial Services 2025
Sumsub, a global verification and anti-fraud leader, today announced it has been named a Leader in the IDC MarketScape: Worldwide Identity Verification in Financial Services 2025 Vendor Assessment (doc # US52985325, September 2025). The report evaluates identity verification providers based on both current capabilities and long-term strategies, assessing how well vendors meet the needs of financial services organizations now and in the years ahead.
GoCardless Achieves Profitability
Bank payment company GoCardless has recorded its first EBITDA positive quarter on an adjusted basis*, operating in the black in the final three months of FY25 (April to June 2025). The result reflects strong cost discipline and a sustained growth trajectory, positioning the company for long-term financial sustainability.
Latin America’s Payments Evolution is Unlocking Digital Commerce for Millions
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Boku Deepens LATAM Commitment, Readies Merchants for Brazil’s Digital Payments Revolution via Pix
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
MAPFRE is the Largest Multinational Insurance Company in Latin America
MAPFRE is the leading multinational insurance group operating in Latin America, with $10.932 billion in premiums, $133 million more than the previous year, and a market share of 5.1%.
African Development Bank Group’s Office of Integrity and Anti-Corruption Partners with Special Investigations Unit to Combat Financial Crime
The African Development Bank’s Office of Integrity and Anti-Corruption (PIAC) (www.AfDB.org) and the Special Investigations Unit (SIU) of South Africa have signed a Memorandum of Understanding establishing a framework for cooperation between the two organizations for information sharing and capacity building.
The 4th Edition of the Africa Fintech Forum to Shape the Future of Finance in Kenya on October 15
The 4th edition of the Africa Fintech Forum will take place on 15th October 2025 at the Pullman, Nairobi, Upper Hill, bringing together leaders, innovators, and policymakers from across the African financial technology ecosystem.
EXCLUSIVE: “Zee Whizz! Adapting to a New Banking Generation” – Joud Zaumot, Mambu and Andrzej Szelemetko, GFT Technologies in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Banks Embrace Core Banking Modernisation and Speedboat Strategies
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]