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Payments software firm sets up Apac hub in Singapore

Stripe is on a drive to hire engineers for its hub, which will develop new products and grow the company globally, says its co-founder and chief executive

Published Thu, Sep 27, 2018 · 09:50 PM
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Singapore

STRIPE, the San Francisco-based payments infrastructure firm, said on Thursday that it will build its Asia-Pacific (Apac) engineering hub in Singapore, and that it has raised US$245 million in a new venture round that values it at US$20 billion.

The company has started hiring teams of engineers for its new hub, and is aiming to take in more than 100, The Business Times understands. They will sit with the Stripe Singapore team at its existing location, a co-working space in the Central Business District.

KEYWORDS IN THIS ARTICLE

Fintech
Stripe

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