Stripe Expands in Canada and Introduces New Products

Stripe announced the opening of its first Canadian office in Toronto and launched four new products specifically for the Canadian market.

The expansion aims to tap into Toronto's rich talent pool in a thriving tech and innovation ecosystem, as Canada displays robust internet economy growth.

Newly introduced offerings include Stripe Tax, Pre-Authorized Debits, faster payouts, and an advanced smart reader for Stripe Terminal to enhance payment processes.

Canadian businesses, from startups to industry leaders like Shopify and Lightspeed, have been processing billions using Stripe since 2012.

The new office will focus on engineering, product, and sales, supporting Stripe’s growth and operations in Canada.