Hiring rapidly, US fintech startup Stripe plots expansion in Asia

U.S. digital payments company Stripe plans to expand across Asia, including in Southeast Asia, Japan, China and India, after boosting its staff in the region by 40% to more than 200 people this year, a senior executive told Reuters.

The decade-old San Francisco-based startup, which set up regional headquarters in Singapore a couple of years ago, has also launched earlier in 2020 a pilot project in Indonesia enabling interbank transfers for businesses.

Noah Pepper, the company’s business head for Asia Pacific, said Stripe, which counts Amazon as a client, was rapidly adding engineers in the region. Based on job postings on Linkedin, Stripe is seeking people with experience in Southeast Asia, Japan, and China.