Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X. Subject to closing conditions, the companies expect the transaction to close within months, Bridge said...
The stablecoin market is collectively worth north of $170 billion. That’s a large number. And with the news Monday (Oct. 21) that FinTech giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, it’s becoming a harder one for the payments sector to ignore. Stripe...
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest to date for Stripe, which was recently valued at $70 billion. However, the deal is...
The future of B2B payments lies in automation, not administration. Given the B2B sector’s legacy of complex workflows, intricate data requirements and entrenched manual processes, the opportunities for innovation are immense. While modernizing something as entrenched into business workflows as a decades-old accounts payable or...
October 21, 2024
Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X. Subject to closing conditions, the companies expect the transaction to close within months, Bridge said in an article posted on X. https://t.co/Jtop2ZLNUp — Bridge (@Stablecoin) […]
October 18, 2024
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest...
August 30, 2024
Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments platform designed to simplify global money movement. The funding brings the total amount the company has...
August 21, 2024
Lama AI and Bridge have partnered to expand the availability of commercial loans. With this collaboration, the financial institutions using Lama AI’s artificial intelligence (AI)-powered origination technology will be able...
