Fintech company Stripe and bitcoin payment infrastructure platform OpenNode are teaming up to allow Stripe's merchant customers to instantly convert all or portions of incoming payments to bitcoin through the OpenNode app.
- "The app provides businesses with an easy and secure way to convert incoming payments to bitcoin in real time, automatically or on demand," Josh Held, head of strategy at OpenNode, said in a statement Tuesday.
- The new app, OpenNode said, will appear alongside the Stripe App Marketplace in a few weeks.
- In February, OpenNode closed a $20 million Series A funding round led by U.K.-based Kingsway at a $220 million valuation to fuel its global expansion.