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Stripe and FedEx Announce Strategic Collaboration to Support SME Financing

Payments Dive ·

FDX Fedex Corp
$291.73 +0.93%
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  1. 1Stripe and FedEx will combine logistics and financial infrastructure data to create financing options for tens of thousands of small and medium-sized enterprises.
  2. 2FedEx established Dataworks, its data analytics division, in 2020.
  3. 3FedEx provides unique visibility into business operations through the flow of more than $2 trillion in global commerce occurring daily.

So what's the key point?

Stripe and FedEx have decided to combine logistics and financial information to help small and medium-sized enterprises. They will use the flow of more than $2 trillion in daily transactions to provide various financial options to businesses.

Source Payments Dive · View original ↗

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