San Francisco-based payments processor Stripe has launched its service in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. According to Stripe, Europe is home to the largest and fastest-growing online economies in the world.

“Stripe is in 39 countries now, 29 of which are in Europe,” says Matt Henderson, Stripe’s Business Lead for Europe, Middle East, and Africa. “We are excited about bringing Stripe to even more European countries, making payment acceptance and money movement faster and less complicated for everyone. We are nearing our goal of making Stripe universally available to businesses across the continent.”

In newly added countries, online companies can now gain access to the company’s entire product which they can launch, run and scale their business globally. This will include Stripe Connect for running multi-sided marketplaces, Billing for subscriptions and recurring payments, Radar for fraud detection and prevention.

Before the launch, the company beta-tested its product in these countries and gathered feedback to optimize its product for the local experience.