Stripe Acquires Metronome to Bolster Monetisation and Billing Tools – FintechNewsSG

Stripe Acquires Metronome to Bolster Monetisation and Billing Tools - FintechNewsSG


Stripe has agreed to acquire Metronome, bringing the billing startup’s monetisation tools into its payments ecosystem.

Metronome, which provides monetisation and billing software for businesses, said customers will continue to access its services after the deal closes.

The company will become part of Stripe’s product suite, connecting its monetisation logic with Stripe’s payments infrastructure.

Scott Woody
Scott Woody

Co founder and CEO Scott Woody said alignment on customer focused product development was a key consideration in joining Stripe.

“As part of Stripe, our mission accelerates dramatically. Customers will continue getting world-class software, and now many more people will have access to Metronome.”

Metronome said the integration will accelerate improvements across its platform, including real time spend alerts, seat based credits and hierarchical account structures.

It added that customers will benefit from Stripe’s global financial infrastructure and higher reliability once the acquisition is complete.

The deal is subject to customary closing conditions.

 

 

Featured image: Edited by Fintech News Singapore, based on image by thanyakij-12 via Freepik



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