Stripe acquires Metronome
Acquisition Provisional 66% confidence first seen
Fortune reports that Stripe acquired Metronome, a company that handles usage-based billing, as part of a broader acquisition spree. The article does not provide a standalone purchase price or specific terms for the Metronome deal, but places it alongside other Stripe acquisitions of Privy, Bridge, and Ourum. The acquisition matters because it expands Stripe’s product capabilities in billing and helps consolidate its payments platform for usage-based models.
The deal
Deal terms as reported in the coverage below.