<div>
  <ul>
    <li>
      <p>
        Eion, a carbon removal company using enhanced rock weathering (ERW), has partially completed a CO2 removal 
        <a href="https://stripe.com/newsroom/news/fall-21-carbon-removal-purchases">
          purchase
        </a>
         delivery to Stripe, an API-based payment infrastructure and card-issuing as well as fraud prevention platform.
      </p>
    </li>
    <li>
      <p>
        Eion has been implementing its ERW technology on farms in Mississippi and Illinois for the past eight months. The company claimed that it has eliminated ~50 tons of CO2 during this time, which contributes to the 500 tons purchased by Stripe Climate.&nbsp;
      </p>
    </li>
    <li>
      <p>
        Stripe Climate provided an additional USD 1 million for another carbon removal re-purchase from Eion. The company aims to remove 10 million tons of CO2 per annum by 2030.
      </p>
    </li>
    <li>
      <p>
        Founded in 2021, Eion uses Olivine (an abundant silicate rock) to perform enhanced rock weathering on farm soil. The company captures and stores CO2 to decarbonize the agricultural industry.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.bloomberg.com/news/articles/2023-11-16/startup-uses-carbon-removal-tech-on-mississippi-and-illinois-farms#xj4y7vzkg">
      Bloomberg
    </a>
  </p>
  <p>
    <a href="https://www.businesswire.com/news/home/20231116911478/en/Eion-Delivers-First-Enhanced-Rock-Weathering-Carbon-Removal-to-Stripe">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


Carbon Capture, Utilization & Storage (CCUS)

PROMINENT_CATEGORY

<div>
 <ul>
  <li><p>Eion, a carbon removal company using enhanced rock weathering (ERW), has partially completed a CO2 removal <a href="https://stripe.com/newsroom/news/fall-21-carbon-removal-purchases"> purchase </a> delivery to Stripe, an API-based payment infrastructure and card-issuing as well as fraud prevention platform.</p></li>
  <li><p>Eion has been implementing its ERW technology on farms in Mississippi and Illinois for the past eight months. The company claimed that it has eliminated ~50 tons of CO2 during this time, which contributes to the 500 tons purchased by Stripe Climate.&nbsp;</p></li>
  <li><p>Stripe Climate provided an additional USD 1 million for another carbon removal re-purchase from Eion. The company aims to remove 10 million tons of CO2 per annum by 2030.</p></li>
  <li><p>Founded in 2021, Eion uses Olivine (an abundant silicate rock) to perform enhanced rock weathering on farm soil. The company captures and stores CO2 to decarbonize the agricultural industry.</p></li>
 </ul>
 
</div>

Eion delivers carbon removal purchase to Stripe; extends partnership for more

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

DISRUPTOR_PRESENT

Stripe expands partnership with JCB to grow product reach across Europe, Singapore, and Hong Kong

ANALYST_QUICK_TAKE

<div> 
<ul> 
  <li><p>Stripe, an API-based payment and subscription management platform, has expanded its partnership with TrueLayer, an open banking platform, to launch account-to-account payment on checkout from European merchants.</p></li> 
  <li><p>Through this partnership, Stripe will be leveraging TrueLayer’s banking data and information verification functionality to offer customers shopping with European merchants to make account-to-account payments during checkout.</p></li> 
</ul> 
</div> 

Stripe has partnered with TrueLayer to introduce account-to-account payment on checkout for European merchants. By utilizing TrueLayer's banking data and information verification functionality, Stripe enables customers to make account-to-account payments while shopping with European merchants. <p><b>Analyst QuickTake: </b> Nearly four months ago, TrueLayer <a href="https://www.linkedin.com/pulse/truelayer-launches-partner-programme-stripe-others-offer-van-oost/"> launched a partner program </a> that provided other FinTech companies such as <a href="https://sp-edge.com/updates/18874"> Airwallex </a> , <a href="https://sp-edge.com/companies/755249"> Nuvei </a> , and <a href="https://sp-edge.com/updates/10829"> Thunes </a> the opportunity to leverage its open banking APIs embedded to enhance their product offerings.</p>

Stripe expands partnership with TrueLayer to launch account-to-account payment with checkout

Now anyone can become a software developer.

No-code Software

Wix has partnered with Stripe to offer Tap to Pay functionality on Android devices, following its recent launch for iPhone users. This feature allows US-based merchants to accept contactless payments using the Wix Owner App, turning their Android devices into secure point-of-sale terminals. It supports various payment methods, including credit cards, debit cards, Google Pay, and digital wallets. The aim is to simplify in-person transactions for merchants, making it easier for them to accept payments from customers.

All Updates

Eion delivers carbon removal purchase to Stripe; extends partnership for more

Stripe expands partnership with JCB to grow product reach across Europe, Singapore, and Hong Kong

Stripe expands partnership with TrueLayer to launch account-to-account payment with checkout

Wix partners with Stripe to launch Tap to Pay on Android in US

Stripe launches credit program for commercial card issuing infrastructure

Stripe receives EUR 10.1 million grant from IDA

Stripe raises USD 6.5 billion in Series I funding

Stripe to decide on IPO within one year

Stripe launches fiat-to-crypto onramp widget for Web3 applications

Revolut partners with Stripe to facilitate payments across Europe and the UK