Stripe Payments UK Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Stripe Payments UK is focused on software platform for running Internet business. The company offers POS systems, payment platform, billing platform, prepaid cards. In 2023 Stripe Payments UK Limited had total assets of 18.95 mln EUR, and generated net income of 41.62 mln EUR. During 2023 the company had 278 employees in average.
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Stripe Payments UK Limited is assigned the overall rating 3.59 (good) which is explained in details below.
Operating Environment | Very Friendly | (4.81) |
Product Range | Average | (2.67) |
Market Niche | Narrow | (2.29) |
Company Background | Very Strong | (4.50) |
Customer Support | Average | (2.67) |
Customer Sentiment | Average | (2.64) |
Transparency | High | (3.57) |
Overall Rating | Good | (3.59) |
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TheBanks.eu has also identified the following pros and cons of the company:
Stripe Payments UK offers issuance of the following card types:
Stripe Payments UK is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.
From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.
Stripe Payments UK Limited is not registered with the FCA as a crypro asset firm.
Stripe Payments UK do not offer crypto assets services.
EUR | 2022 | 2023 | change (%) |
---|---|---|---|
Total Assets | 1,366,028,420.00 | 18,952,941.00 | -98.61% |
Turnover | 527,810,640.00 | 698,824,563.00 | +32.40% |
Net Income | 14,451,098.00 | 41,623,083.00 | +188.03% |
Rank | Name | Market % | Total Assets |
---|---|---|---|
6 (+15) | Cambridge Mercantile Corp. (UK) Limited | 5.99 % | 1,942.50 mln GBP (+423.38%) |
7 (+1) | Stripe Payments UK Limited | 3.74 % | 1,366.03 mln EUR (+63.93%) |
8 (+4) | Ebury Partners UK Limited | 2.61 % | 847.97 mln GBP (+104.06%) |
Stripe Payments UK Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900461) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator, account information services, payment initiation services; the authorization was granted on 2 May 2018.
Stripe Payments UK Limited is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Stripe Payments UK is required to safeguard its customers’ money.
Since January 2021, Stripe Payments UK Limited can not conduct its activities in EEA member states.
Stripe Payments UK Limited is a SWIFT member.
Stripe Payments UK Limited is connected to Visa payment card scheme.