Glofox Expands Partnership with Stripe to Support Fitness Industry

Glofox, a business management software for fitness studios, enhances its partnership with Stripe including Capital and Terminal services.

Stripe's services helped fitness businesses survive the pandemic by shifting to online workouts, maintaining 85% of member revenue.

Stripe Capital offers flexible financing for gyms to invest in their growth, with quick access to funds and repayment through a percentage of daily sales.

With the lifting of lockdowns, Glofox uses Stripe Terminal for seamless in-person payment transactions in the US and Canada, and soon in five other countries.

Glofox's integration with Stripe aids fitness studios in managing both online and offline transactions, as gym bookings soar to 140% of pre-pandemic levels.