Previously, Stripe only issued cards with preloaded funds. The expansion, said Denise Ho, head of product for BaaS at Stripe, provides the company an additional revenue stream in addition to the opportunity to offer lower-cost financing capabilities to its clients.
Estimated reading time: 0 minutes, 20 seconds
Stripe Expands Offerings with New Business Credit Card
Fintech giant Stripe announced a charge card program designed to make it easier for businesses to get access to credit. So reports TechCrunch.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-