Stripe launches in eight European countries

By Daniel Lanyon on 10th September 2019

Challenger Banks

Businesses in these countries can start accepting payments in over 130 currencies in as little as 10 minutes as Stripe opens access to its global payments and treasury network.

Stripe launches in eight European countries
Image source: Stripe

Payments giant Stripe is launching in eight more European countries: Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Portugal.

Since launching in 2011, Stripe has quietly powered the mobile commerce revolution, processing billions of dollars a year for millions of businesses across 34 countries. 

Last it a valuation of $22.5bn, the company now has more than 2,000 employees, serving more than a million users globally, and is continually broadening its payment stack.  

Stripe also has a new senior lead as Eileen O’Mara (pictured) joins as EMEA Revenue and Growth Lead. 

Prior to Stripe, Eileen served as SVP & CMO of Salesforce’s International business and held sales leadership roles in EMEA for both Salesforce and Oracle before that. 

In the past few months, Stripe has also hired Google veteran Matt Henderson to head up product strategy in Europe, launched a new set of products to help with the incoming regulatory SCA compliance) and acquired Irish tech startup TouchTech as part of its strategy to future-proof users and power smooth checkout experiences online. 

“Central and Eastern Europe has a lot of entrepreneurial and technological talent, and we believe even more of its companies could be expanding globally,” says Felix Huber, Head of Central and Eastern Europe, Middle East, and Africa, at Stripe.Stripe aims to empower more companies from this region to export their creativity and ambition to the rest of the world.” 

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