Stripe, the popular US-based payments startup that lets developers accept credit cards online, has announced its plans for international expansion, starting with Canada. Stripe has always made it possible for customers to pay no matter what country they’re in, and now the service itself is publicly available for use by any individual or business based inside the US or Canada, with support for more countries on the way.
According to Stripe, its service in Canada will mirror exactly what’s available in the US, including support for all major credit card types and flat pricing, sans monthly fees. Judging from the release, Stripe seems to believe that expansion here on out will only become easier.
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Today’s news follows a summer-long beta test of the service in Canada, which involved the likes of Tarsnap, MetaLab, and Shopify, and comes shortly before Stripe celebrates its very first birthday (on Sep 30th). So far, Stripe has received a total of $38 million in funding from the likes of Peter Thiel, Elon Musk, Sequoia Capital, Andreessen Horowitz, Chris Dixon and more, and has earned praise from developers and Paypal haters alike for its easy to use API.
In many ways, launching in Canada is a big step for us—going from 1 to 2 is often harder than going from 2 to n—but it’s only a small piece of what we have in mind. We grew up in countries from Honduras to Kenya, and a large part of why we’re so eager to build Stripe is to enable those outside the US to participate as first-class citizens in the internet economy.
As demand grows, Stripe seems confident that it will be able to expand quickly: “We’re already working on the next set of countries. Watch this space for updates.” Considering how needed a Stripe-like service is in Europe (even if it’s a rip), further expansion can’t come soon enough.
If you’re a developer interesting in tapping into Stripe, check it out via the link below:
Featured image: Cindy Andrie