https://techcrunch.com/2022/01/17/ford-signs-5-year-agreement-with-stripe-to-scale-e-commerce/

Ford Motor Company has signed a five year agreement with Stripe, an online payment processor, to scale the automaker’s e-commerce capabilities. Stripe will facilitate transactions for vehicle orders and reservations, handle financing options for Ford’s commercial customers and route customer’s payments from the automaker’s website to the correct local Ford or Lincoln dealer.

Ford plans to begin rolling out Stripe’s technology in the second half of 2022, starting with North America but with plans to roll out to Europe, according to the company. Last year, Stripe raised a $600 million round at a valuation of $95 billion, funds the company said it would use to expand in Europe.