The company is officially launching in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. The move brings to the number of countries in which Stripe operates to 39, of which 29 are in Europe. Stripe’s expansion was due in part to the accelerated shift from offline to online that has arisen from the COVID-19 crisis.
The companies in the five new markets are now allowed to have access to Stripe’s entire product range in order to launch, run, and scale their business globally. These solutions include Stripe Connect for running multi-sided marketplaces, Billing for subscriptions and recurring payments, Radar for fraud detection and prevention, and Sigma for analytics.
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