Stripe to Use Singapore as Beachhead in Asian Payments Expansion
Stripe Brings Service to Singapore
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Stripe Inc., the U.S. payment startup backed by Sequoia Capital and PayPal founders Peter Thiel and Elon Musk, is bringing its service to Singapore to help local startups build online businesses.
The Tuesday launch kick-starts the San Francisco-based company’s plan to expand in Asia following forays into Europe and Australia, President John Collison said. Stripe plans to eventually enter Japan and Hong Kong, where it’s undergoing beta-testing.