Stripe acquires US start-up Lemon Squeezy

Stripe has acquired US-based payment processing start-up, Lemon Squeezy, for an undisclosed sum.

Lemon Squeezy currently serves as a merchant of record by calculating and paying global sales taxes for digital products and managing legal processing and fees across various countries.


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It also primarily supports SaaS and software businesses, simplifying their financial operations.

In a blog post, Lemon Squeezy CEO and Co-Founder, JR Farr, said: “Along the way, we received many acquisition offers and Series A term sheets from investors. But despite the allure of these opportunities, we knew that what we had built was truly special and needed the right partner to take it to the next level.

“We’re proud to say that we’ve found that partner in Stripe and have gone from idea to acquisition in under three years.”

According to Farr the move marks “years of effort” and celebrates the “close partnership” and “shared sense of purpose” between the two firms.

He added: “When we began discussions about a potential acquisition, it was immediately apparent that our values and mission were perfectly aligned. Going forward, our mission remains the same: make selling digital products easy-peasy.”

“With Stripe’s help, we’ll continue to improve the merchant of record offering, bolstering billing support, building an even more intuitive customer experience, and more.”