SeQura Partners with Stripe to Boost Merchant Growth with Flexible Payments

BARCELONA, Spain, October 10, 2024 – seQura enters into a strategic partnership with Stripe, the financial infrastructure platform for businesses, to help merchants boost conversion rates and recurrence through flexible payment solutions like Buy Now, Pay Later (BNPL), and installments.

As seQura celebrates its 10th anniversary, the company continues its impressive growth, surpassing the €100 million revenue run rate in 2024. Its partnership with Stripe will further enhance its payment solutions, positioning the company for continued growth in the fintech industry by offering merchants innovative, flexible, and easy-to-use payment technologies that help merchants acquire, convert, and retain more customers. 

With this partnership, seQura will seamlessly integrate into Stripe’s ecosystem, allowing merchants to offer flexible payment options directly through Stripe’s platform. Stripe and seQura merchants can now offer flexible payments, all managed within a single, unified dashboard. These options allow customers to split purchases into smaller payments, driving higher average order values, increasing conversion, and improving customer satisfaction.

"As we expand, our partnership with Stripe brings SeQura’s payment solutions to tens of thousands more merchants. By integrating with Stripe, we help businesses grow, increase order sizes, and reduce cart abandonment, all without extra contracts," said David Bäckström, CEO of seQura. "Our focus remains on empowering merchants and delivering a superior customer experience with the fastest checkout and top NPS in the industry."

Businesses using Stripe stand to benefit significantly from this collaboration. They will have access to seQura's flexible payment options, which allow customers to break up payments over periods ranging from 3 to 12 months. SeQura's advanced risk algorithms help merchants increase checkout conversion and drive revenue growth by offering greater payment convenience while reducing defaults and fraudulent transactions.

“We’re thrilled to partner with Stripe, one of the world's most trusted platforms,” said Mike Komor, VP of Payments & Partnerships at seQura. “This collaboration enables us to bring our innovative BNPL solutions to a broader merchant base, helping businesses enhance their payment experience and optimize conversion rates, all while delivering customers a seamless and flexible checkout process.”

This strategic partnership represents an important step forward for both companies, as they continue to work closely to deliver the best possible payment experience for merchants and customers in Spain.

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About seQura: Based in Barcelona, seQura is a leading payment technology company with a strong presence in Southern Europe. Over 5,000 partnered businesses, over 2 million shoppers, and more than 350 employees consider seQura one of the most trusted and beloved fintech. The company boasts an NPS of 87%, a Trustpilot rating of 4.7/5, and a Glassdoor score of 4.7/5.