Stripe Expands to 5 More European Nations

Stripe, a major payment processing company, has expanded its services to five more European countries - the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.

The European expansion efforts by the California-headquartered company was led by its Dublin office, the firm’s largest international engineering Hub .

With this recent expansion, Stripe’s services are now available in 39 countries in total, 29 of which are from Europe.

“We are excited about bringing Stripe to even more European countries, making payment acceptance and money movement faster and less complicated for everyone. We are nearing our goal of making Stripe universally available to businesses across the continent,” Matt Henderson, Stripe’s business lead for Europe, the Middle East, and Africa, said.

Deepening ties in Asia

Apart from the European expansion, Stripe is also deepening its ties in the Asian market.

The company opened a new engineering office in Tokyo, Japan, to meet some specific requirements of the Japanese markets.

Stripe has also expanded its support for the JCB credit card network by supporting its acceptance in business and for payouts.

“We are rolling out JCB acceptance to businesses in more countries, starting with Canada, Australia, and New Zealand, with more to come,” Stripe added. “This lets global businesses, from e-commerce sites in Canada to subscription services in Australia, easily transact with JCB cardholders.”

The company has also hired Daisuke Aranami, an Apple veteran, as a representative director and head of revenue and growth in Japan to expand its ties with enterprises in the country.

“We’re excited about the opportunity to partner with Stripe, one of the fastest moving technology companies in financial services,” Hitoshi Shioda, executive vice president and head of global acceptance & Marketing at JCB, said. “Through this partnership, we expect to dramatically enhance access to JCB by International businesses and consumers.”

Last month, Stripe also added card issuing services for its clients in the United States and also connected its system with Visa, Mastercard, and four other major credit card networks.