B2B Payment Stripe

The market for shares of startups like SpaceX and Stripe is projected to reach a record $64 bn this year

Stripe-issued cards would now help companies distribute virtual or physical charge cards to their customers that will allow them to spend on credit rather than using the funds in the accounts

Joins companies allowed to manage and process merchants' online transactions

Leading fintech company Stripe has reportedly taken a huge 28 per cent valuation cut amid tough global macroeconomic conditions that have hit nearly all the sectors very hard as recession fears loom

Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia

Stripe has roped in former Amazon India executive Anand Balaji to push the business