Stripe launches issuing business across Europe

By Daniel Lanyon on Monday 19 April 2021

Digital Banking

Businesses in Europe can now design, create, ship, and manage cards through Stripe while also integrating into its existing suite of products.

Stripe launches issuing business across Europe
Image source: Stripe

Stripe has launched its card issuing business in Europe, allowing users to create, manage, and distribute virtual and physical payment cards

Stripe Issuing is now active in Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain, and the UK. 

Already live in the US, Stripe’s home market, where it now powers billions of dollars of payments for companies such as Klarna, Ramp, and Flexshopper.

Businesses can design their own branded cards in the Stripe Dashboard, with Stripe handling card production, fulfilment, and shipping. Virtual cards can be created instantly, and physical cards are shipped in just two business days.

Stripe’s EMEA Business Lead Matt Henderson said: “Creating and distributing new cards in Europe has long been so complex and opaque that only a handful of companies could ever justify doing it.” 

“Today, we’re making it fast, simple, and secure. It used to take months to create and ship new cards in Europe. With Stripe Issuing, it now takes two days. We’ve been astonished by the breadth of use cases businesses in the US have found for our Issuing infrastructure, and can’t wait to see what our European users build with it.”

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