Stripe Expands in Canada and Introduces New Products

Sep 28th, 2021Expansion
  • 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.

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