Stripe, a longtime partner of Lyft, signs a big deal with Uber

Variety
03-05-2023 | 10:04
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Stripe, a longtime partner of Lyft, signs a big deal with Uber
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
Stripe, a longtime partner of Lyft, signs a big deal with Uber

Growth at $50 billion fintech Stripe has been slowing this year, but one of its key strategies to reverse that course got a decent push today: Stripe is announcing that it has inked a “strategic payments partnership” with Uber. The pair will work together initially on selected services in eight of Uber’s biggest markets, including the US, the UK, Canada, Mexico, Australia and Japan.

Some context on this deal: Uber’s big US rival Lyft has been a longtime marquee customer of Stripe’s for payments, and whether or not it was true, that was one reason some assumed Uber and Stripe would not work together. Uber is, however, a much bigger beast, at close to $100 billion transacted annually (Stripe processed $817 billion last year). And Uber is not just a force globally but in the US specifically, where one estimate from YipIt (via WSJ) puts Uber’s rideshare market share currently at a whopping 74%.

Lyft will remain a customer of Stripe’s, Stripe president Will Gaybrick confirmed to TechCrunch.
 

Stripe

Longtime

Partner

Lyft

Signs

Big

Deal

Uber

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Middle East News
2026-03-09

Israel warns it will target promoters of extremist ideas, says UN ambassador

LBCI
Middle East News
2026-01-28

Turkey urges US to resolve Iran disputes one by one, says Iran ready for nuclear talks

LBCI
Middle East News
2026-01-09

UN calls for Iran protest deaths to be 'transparently' investigated

LBCI
Lebanon News
2026-03-15

Israeli strike targets Beirut’s southern suburbs

Videos
d-none hideMe
LBCI
Lebanon News
2026-03-08

At least 19 killed after strike destroys three-story building in Sir el-Gharbiyeh: Video

LBCI
Lebanon News
2026-03-06

Israeli airstrike targets Beirut’s southern suburbs: Video

LBCI
Lebanon News
2026-03-05

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

LBCI
Lebanon News
2026-03-05

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

LBCI
Lebanon News
2026-03-02

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

LBCI
Lebanon News
2026-02-16

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

LBCI
Lebanon News
2026-02-14

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

LBCI
Lebanon News
2026-02-01

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

LBCI
Lebanon News
2026-01-29

Berri halts live broadcast amid parliament salary dispute

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More