Payment provider's S'pore foray a wise move

Taipei

STRIPE has finally marked its official arrival in Asia with the opening of a Singapore office.

After expanding to two dozen countries across the globe, it makes sense for the San Francisco-based payments provider to pick Singapore as its launch pad for an assault on South-east Asia. The city state is already the latter's financial hub, and it plays host to numerous startups that are attempting to tackle e-commerce in neighbouring countries.