Stripe launched Stripe Billing in Europe. As a product built on top of Stripe’s core payments infrastructure, Stripe Billing simplifies the recurring billing process for SaaS and subscription-based companies, such as Slack and Meetup in the US.
Subscriptions are a driving force in the internet economy. The subscription e-commerce market has grown more than 100 percent a year over the past five years, and 32 percent of people would prefer to buy goods via subscriptions than one-off purchases. In Europe, subscription businesses are growing even faster than in the US.