French buy now, pay later provider Alma will be natively accessible to all Stripe users, while CB will be available on Stripe Terminal and Apple Pay. Customers of leading point-of-sale provider Cegid can easily use Stripe Terminal capabilities through a pre-built integration. More than 50% of CAC40 companies now rely on Stripe to accelerate growth […]
PARIS—Stripe, a financial infrastructure platform for businesses, today announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products for the French market since launching in the country in 2016.
New advanced payments solutions for French businesses on Stripe
Starting this summer, Alma, the leading buy now, pay later (BNPL) provider in France with over 4 million active users, will be available as a payment method for all Stripe users. It can be turned on directly from the Stripe Dashboard with no code required. Alma is one of 100 payment methods available in Stripe’s Optimized Checkout Suite (OCS), including Apple Pay, PayPal, and Alipay. French retailer La Redoute has more than $1 billion in annual revenue, and immediately unlocked 2% of additional income, simply by switching to OCS.
New Stripe Terminal features to help French businesses unify online and offline commerce
Stripe is accelerating the deployment of Stripe Terminal’s unified commerce capabilities in France. Planity, Frichti, and Hertz already use Terminal to unify their online and offline revenue streams. Highlights include:
A deeper partnership with CB
Stripe is strengthening its partnership with CB, France’s leading payment system, which handles 15 billion transactions per year.
“We are extremely proud of this partnership with Stripe. We welcome the efforts made by Stripe to innovate and generate value for French businesses and enterprises selling into France,” said Loÿs Moulin, head of development at CB.
Stripe’s momentum in France is accelerating
Since launching in France in 2016, Stripe has supported over 100,000 French businesses looking to accelerate their growth. Each day, hundreds of French businesses, from century-old companies to solopreneurs, join the Stripe network—a 75% increase from pandemic highs.
Major French enterprises such as Accor, TF1, La Redoute, and RMC Sport have recently become Stripe users, along with AI leader Mistral. They join earlier adopters like Photoroom, Nabla, Hugging Face, and Dust. The number of French AI businesses on Stripe has more than quadrupled between 2021 and 2023, and Paris is now the top hub for AI startups in the European Union, as counted by AI businesses on Stripe.
“France is having an AI renaissance, and that wave of innovation is spreading across more traditional companies. We’re proud to now work with more than 50% of CAC40 companies to help them rewire their finance stack,” said Stripe cofounder and president John Collison.