Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Events
    • Technology Events in Europe
    • Submit your event
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Events
    • Technology Events in Europe
    • Submit your event
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Stripe partners with Salesforce; invests for high scale as enterprise customers quickly adapt to digital economy

Shubham Sharma by Shubham Sharma
September 28, 2020
in News, FinTech, Startups
Stripe partners with Salesforce; invests for high scale as enterprise customers quickly adapt to digital economy
83
SHARES
LinkedInTwitterWhatsAppFacebook

Online payment forms a big chunk of the fintech market and some renowned companies are currently ruling the roster. While most of us are aware of big shot companies such as Adyen and PayPal, the San-Francisco-based Fintech Stripe seems to be doing much better than its more famous competitors. Stripe has bagged the top spot in the Forrester Wave report on Global Merchant Payments Providers, Q3 2020. In addition, it has also announced a new partnership with Salesforce. 

Stripe scores highest in Forrester’s new report

Forrester is one of the leading analyst firms, which recently released its Forrester Wave report on Global Merchant Payments Providers, Q3 2020. As per the report, Stripe is the best performing fintech in two categories, namely, strategy and current product offering. Stripe was closely followed by Adyen, which is also in the same ballpark in the ‘Leaders’ segment wherein classified companies exhibit a strong strategy along with notable current offerings. 

- Partner content -
digital skills dutch workforce
Salesforce’s report on Dutch workforce’s digital skills
Has the Dutch workforce mastered all digital skills? Find out
Has the Dutch workforce mastered all digital skills? Find out Show Less
Read more

“Many of our enterprise customers are huge category leaders—each one is a global giant processing more than a billion dollars annually—and they’re going all in on Stripe to move quickly at immense scale,” comments Mike Clayville, Chief Revenue Officer at Stripe. 

Partnership with Salesforce

Ever since the pandemic, people are being wary of dealing in cash and have turned to contactless and online payment options. This in turn leads to a huge increase in online transactions, which need to be rapidly processed. To help retailers adapt to this newfound digital spending surge, Stripe has forged a new partnership with the CRM software company Salesforce. 

The partnership was announced alongside the launch of Digital 360, a new platform aiming at binding marketing, commerce and digital experience products for “driving digital transformation in the enterprise.” There’s a part of this new platform called the Salesforce Commerce Cloud, which offers Commerce Cloud Payments that will be powered by Stripe to enable brands launch commerce experiences with integrated payments capabilities. 

“Our partnership with Salesforce will enable enterprise businesses to quickly bring new online products and services to market with best-in-class payments capabilities already built-in to support their customers and boost their revenue. As the world’s leading CRM provider, Salesforce can bring Stripe’s payments capabilities to a huge audience of fast growing, ambitious enterprise businesses, whilst deepening relationships with their users,” Eileen O’Mara, Stripe’s Revenue and Growth Lead for EMEA, tells Silicon Canals. 

Talking about Stripe’s future plans with respect to the European market, O’Mara says, Europe is a very important market for Stripe and we have experienced rapid growth here in the past few years supporting users of all sizes.”

“Over the last 12 months in particular, we’ve seen a lot of Europe’s major heritage brands move to Stripe –  from supermarket chains like Waitrose, to financial services giants like AJ Bell. Now more than ever businesses across Europe are reliant on the internet to drive growth, and we are well placed to help them as they adapt,” she adds. 

Focus on large enterprises

As large enterprises are acclimatising to the new digital economy, Stripe seems to be accelerating its march into the enterprise segment this year. According to the company, enterprises such as Atlassian, Maersk and Mindbody have turned to Stripe recently to help power adaptation in the form of optimising their core business, entering new markets, and creating new revenue streams.

In addition to Stripe’s aggressive push towards big businesses, the company is also investing heavily to further enable high-scale operations and securely move hundreds of billions of dollars a year for the world’s largest and most complex companies. 

“In recent months, all around the world, we have seen a massive acceleration in the growth of the online economy – which means enterprise businesses are also having to accelerate their plans to adapt. Changes that may previously have taken large enterprises years to implement are now being enacted in weeks. We want all companies to be able to seize the wide range of growth opportunities that exist online,” says O’Mara. 

The recent appointments of Dhivya Suryadevara as Chief Financial Officer (from General Motors) and Mike Clayville as Chief Revenue Officer (from Amazon Web Services), upgrades to Stripe’s invoicing and subscription capabilities, and the launch of Stripe’s global direct acquiring platform are among the foundations Stripe has put in place to enable further scale over the coming years. 

Additionally, considering its new partnership with Salesforce, fresh hires rollout of new upgrades and launches, we asked O’Mara if the company is planning for an IPO. However, she confirms that currently there are no plans for Stripe’s IPO, at least not in the near future. 

Image Credits: Stripe

 - Partner content -
How cybersecurity scaleup Intigriti conquered the world?
How cybersecurity scaleup Intigriti conquered the world?
Catch our interview with Paul Down, Head of Sales at Intigriti.
Catch our interview with Paul Down, Head of Sales at Intigriti. Show Less
Read more
Tags: featurednews
Share6Tweet21SendShare33

Featured events

Current Month

may

28apr(apr 28)12:1331may(may 31)12:13FeaturedApplications for Techleap.nl’s Rise Batch 8 are open now

Techleap

Event Details

Are you an ambitious scaleup operating out of the Netherlands? Accelerate your growth with Techleap.nl’s Rise programme. Join their Batch #8!

Event Details

Are you an ambitious scaleup operating out of the Netherlands? Accelerate your growth with Techleap.nl’s Rise programme. Join their Batch #8!

Rise is an exclusive programme for serious tech players. In a trusted environment, scaleup founders share and discuss their growth challenges during tailor-made sessions with experienced entrepreneurs and scaling experts. Every quarter we select 10 companies to join the programme. It’s free, and we don’t seek equity. Check now if your company is eligible!

About Techleap

Techleap.nl’s programmes connect founders with scaling icons, industry experts and fellow tech entrepreneurs. It’s your chance to share challenges and hurdles with peers and established CEOs, and as a result, create favourable growth conditions for your business and overcome looming obstacles on your entrepreneurial path.

If you have any questions about the programme or the application process, please contact the Rise Batch Manager – Peter-Jan Kok at [email protected].

Apply here.

more

Time

April 28 (Thursday) 12:13 - May 31 (Tuesday) 12:13

Learn More

CalendarGoogleCal

CIRCL, AmsterdamGustav Mahlerplein 1B, 1082 MS Amsterdam, Netherlands

19may13:3018:00Featured5th Tech Summit: Get Ready for Exponential International Growth

Event Details

The Tech Summit yearly attracts >100 SaaS executives and PE/VC investors from all over the Netherlands. Several presentations and break-outs are filled with actionable thought leadership. Networking breaks

Event Details

The Tech Summit yearly attracts >100 SaaS executives and PE/VC investors from all over the Netherlands. Several presentations and break-outs are filled with actionable thought leadership. Networking breaks allow participants to connect with industry peers, exchange best practices and have a good time.

For more information and to register for the summit, please click here.

more

Time

(Thursday) 13:30 - 18:00

Location

CIRCL, Amsterdam

Gustav Mahlerplein 1B, 1082 MS Amsterdam, Netherlands

CalendarGoogleCal

june

Taets Art and Events ParkHemskade 16, 1506 PR Zaandam

16junAll Day17FeaturedTNW Conference

Event Details

Join TNW Conference in Amsterdam on June 16 & 17 to all you need to know about the latest market killers and breakout tech, connect with the industry’s who’s-who, and

Event Details

Join TNW Conference in Amsterdam on June 16 & 17 to all you need to know about the latest market killers and breakout tech, connect with the industry’s who’s-who, and turn your business meetings upside down on our ferris wheel… With endless networking opportunities, the world’s boldest voices, and unrivaled party vibes, this year’s TNW Conference will be off the charts!

Time

june 16 (Thursday) - 17 (Friday)

Location

Taets Art and Events Park

Hemskade 16, 1506 PR Zaandam

Learn More

CalendarGoogleCal

Partner content | Work with us

European Startups can expand to Asia through the South Korean Government’s K-Startup Grand Challenge

Running a small business? These 5 tips can create a domino effect of productivity across your entire company

Triller acquires Dutch DJ Sam Feldt’s Fangage to expand its platform for creators

Sweden’s Gimi partners with Dutch bank ABN AMRO to help young people manage and understand their finances

Calling all startups aiming to test their mobility innovations in the real world: Mobility Lab 2022 registration is now open

Silicon Canals | Jobs


Breaking news from Amsterdam | Partner

Amsterdam’s plant-based cheese startup Willicroft raises €2M led by Rockstart and PINC

Amsterdam-based Healthplus.ai raises funding from LUMO Labs to curb postsurgery infections; here’s how

Amsterdam-based Roetz drives away with €1.8M, plans to launch first circular e-bike this year

Amsterdam-based Katanox raises €5.48M; appoints former MD of Google Travel as non-executive director

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2022 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Events
    • Technology Events in Europe
    • Submit your event
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact

Silicon Canals 2014-2022 | Website: Bright Idiots

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Silicon Canals
Manage your privacy

To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.

Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Statistics

Marketing

Features
Always active

Always active
Manage options Manage services Manage vendors Read more about these purposes
Manage options
{title} {title} {title}
X
X