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Stripe acquires a (non-fintech) startup and expands its issuing product into credit

Stripe acquired Okay, developer of a low-code analytics software to help engineering leaders better understand how their teams are performing. Stripe also announced plans to give companies the ability to distribute virtual or physical charge cards that allow customers to spend on credit rather than using the funds in their accounts.

“by increasing engineering effectiveness, Stripe will be better positioned to attract and retain talented engineers.”

Tags

stripe, lending, software, acquisition