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Inbox Guru Insights > Blog > Insights > Stripe Scales Up with New Toronto Office amid 50% Growth in Payment Volume
Insights

Stripe Scales Up with New Toronto Office amid 50% Growth in Payment Volume

Pat Crawley
Last updated: September 27, 2024 8:28 am
Pat Crawley
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2024-09-27T10:28:33.717+02:00

Friday, 27/09/2024 | 08:28 GMT by Tareq Sikder

  • The firm offers products like Tap to Pay on iPhone and usage-based billing to assist Canadian businesses.
  • The company is hiring for engineering, product management, sales, and design roles at its new office.

Stripe

Finance Magnates

Stripe, a financial infrastructure platform, has opened a new flagship office in Toronto. The decision highlights Toronto’s status as the fourth-largest tech talent market in North America.

Stripe currently serves Canadian startups like Workleap and Thinkific, as well as large enterprises such as Shopify, Enercare, FreshBooks, and SkipTheDishes.

Stripe Supports Canadian Business Growth

Between 2021 and 2023, Stripe saw more than 50% growth in payment volume from Canadian companies. This comes from thousands of businesses joining Stripe daily, along with established companies using Stripe to introduce new business models and revenue streams.

Matthew Burlak, head of Canada GTM at Stripe

Matthew Burlak, Head of Canada GTM at Stripe, Source: LinkedIn

For example Shopify, a global ecommerce platform, uses Stripe for several services, including Shopify Payments, Shopify Balance, and in-person payments.

Over the past year, Stripe has introduced several products to support Canadian business growth. Stripe Payments enables sales in over 195 countries with 135 currencies and 100 payment methods. Over half of Canadian users sell cross-border.

“After more than a decade in Canada, we’re proud to support many of the country’s most successful startups and enterprises, with thousands more Canadian companies getting started with Stripe every day,” said Matthew Burlak Head of Canada GTM at Stripe. “We’re looking forward to growing our team and accelerating the success of even more Canadian businesses.”

Recently, Stripe formed a partnership with Zip, an Australian buy now, pay later provider, as reported by Finance Magnates.

This collaboration aims to provide online retailers with flexible payment options through Stripe’s platform, enabling purchases to be divided into four installments over six weeks.This partnership comes after Zip’s recent collaborations with Mastercard and Google Pay.

New Office Hiring Positions

Tap to Pay on iPhone allows contactless payments using Interac Debit without extra hardware. Amazon’s Just Walk Out technology streamlines checkout at venues like Scotiabank Arena. Stripe Billing’s usage-based billing helps businesses track and charge for customer usage efficiently.

With the opening of its new Toronto office, Stripe is hiring for roles in engineering, product management, sales, and design. The company expects further expansion in the near future.

Stripe, a financial infrastructure platform, has opened a new flagship office in Toronto. The decision highlights Toronto’s status as the fourth-largest tech talent market in North America.

Stripe currently serves Canadian startups like Workleap and Thinkific, as well as large enterprises such as Shopify, Enercare, FreshBooks, and SkipTheDishes.

Stripe Supports Canadian Business Growth

Between 2021 and 2023, Stripe saw more than 50% growth in payment volume from Canadian companies. This comes from thousands of businesses joining Stripe daily, along with established companies using Stripe to introduce new business models and revenue streams.

Matthew Burlak, head of Canada GTM at Stripe

Matthew Burlak, Head of Canada GTM at Stripe, Source: LinkedIn

For example Shopify, a global ecommerce platform, uses Stripe for several services, including Shopify Payments, Shopify Balance, and in-person payments.

Over the past year, Stripe has introduced several products to support Canadian business growth. Stripe Payments enables sales in over 195 countries with 135 currencies and 100 payment methods. Over half of Canadian users sell cross-border.

“After more than a decade in Canada, we’re proud to support many of the country’s most successful startups and enterprises, with thousands more Canadian companies getting started with Stripe every day,” said Matthew Burlak Head of Canada GTM at Stripe. “We’re looking forward to growing our team and accelerating the success of even more Canadian businesses.”

Recently, Stripe formed a partnership with Zip, an Australian buy now, pay later provider, as reported by Finance Magnates.

This collaboration aims to provide online retailers with flexible payment options through Stripe’s platform, enabling purchases to be divided into four installments over six weeks.This partnership comes after Zip’s recent collaborations with Mastercard and Google Pay.

New Office Hiring Positions

Tap to Pay on iPhone allows contactless payments using Interac Debit without extra hardware. Amazon’s Just Walk Out technology streamlines checkout at venues like Scotiabank Arena. Stripe Billing’s usage-based billing helps businesses track and charge for customer usage efficiently.

With the opening of its new Toronto office, Stripe is hiring for roles in engineering, product management, sales, and design. The company expects further expansion in the near future.

Tareq Sikder

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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔

The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official 🐦 X (Twitter): https://twitter.com/financemagnates/ 📡 RSS Feed: https://www.financemagnates.com/feed/ ▶️ Telegram: https://t.me/financemagnatesnews Don’t miss out on our latest videos, interviews, and event coverage. 🔔 Subscribe to our YouTube channel for more!🔔

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    Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨ From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable. 🎬 Watch, share, and join the conversation! Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing. Stay tuned for more events. See you next time! 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

    Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨ From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable. 🎬 Watch, share, and join the conversation! Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing. Stay tuned for more events. See you next time! 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

    Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨ From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable. 🎬 Watch, share, and join the conversation! Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing. Stay tuned for more events. See you next time! 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

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