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Stripe Launches New Products to Accelerate Growth for Businesses in Germany
Stripe, the programmable financial services company, today showcased new products to accelerate the growth of German businesses. The announcements were made at Stripe Tour Berlin, the company’s annual gathering of business leaders in Germany.
New products and features in Germany include:
- Access to growth capital through Stripe Capital, which uses a company’s history on Stripe to proactively qualify them for next-day financing.
- Support for more than 25 new payment methods, including Wero, and a new pay-by-bank payment method based on Europe’s open banking system.
- Fraud detection and prevention on SEPA payments with Stripe Radar.
Stripe also announced that over the next year German companies will be able to hold, move, and spend balances in multiple currencies, including stablecoins, all from their existing Stripe account. And businesses in Germany are already able to benefit from Stripe’s latest AI-powered features, including the world’s first foundation model for payments and Smart Disputes.
Stripe works with more than half of the DAX40 – including BMW, E.ON, Allianz, and SAP, as well as the most exciting German tech companies, like DeepL, N26, and Celonis. Globally, Stripe processes over $1.4 trillion of payments annually.
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