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Atlas update

Taylor Francis on June 24, 2016

We announced Atlas a few months ago and we’re so excited by the amount of interest we’ve already received. Since launching the beta, over 440 startups from 91 countries are already using Atlas to get up and running with Stripe. More broadly, we’ve received applications from entrepreneurs in almost every country.

Atlas companies are tackling a broad swath of challenges and industries. Almost all of them are creating products or platforms that can be used by customers around the world. We thought it would be interesting to share just a few examples of the kinds of businesses we’ve been working with so far:

  • Trakto is a software-as-a-service company from Brazil that helps small businesses and freelancers to design, share, and track marketing materials. Inhibited by complex local tax and regulatory policies, Trakto’s founder Paolo Tenorio Filho couldn’t accept payments from international customers. (For the local payments they could accept, Trakto had no option but to manually invoice their clients.) You can read more about Trakto’s challenges in Paolo’s post on his experience with Atlas.
  • Coterique is an internet marketplace for fashion designers. Before Atlas, the Cairo-based startup was restricted to accepting payments in Egyptian pounds. Now, Coterique can accept any currency and use Connect to automatically pay out to international designers on their platform.
  • With Atlas, the Kenyan startup Ongair, which allows businesses to manage customer service via instant messaging platforms, now reaches customers around the world. Trevor Kimenye, Ongair’s CEO, is also finding that initiating conversations with U.S. investors for their upcoming Series-A round is a lot easier.

These companies are ambitious. Over 75% intend to raise funding from investors and in aggregate they plan to double their headcount over the next 12 months. The interest in Atlas, and the calibre of companies currently being built by Atlas entrepreneurs, underlines that there’s a lot of work left to expand access to fundamental startup tools to as many developers around the world as possible.

To that end, we’ve now added over a hundred accelerators, investors, and partners to the Atlas Network. These partners are helping us get Atlas into the hands of the most promising startups. We’re also working with financial institutions, leading tax and legal firms, and with the U.S. government.

We’re working through the waitlist and scaling the Atlas product experience to more users as quickly as possible. In the meantime, please reach out if you have questions or feedback! And, most importantly: if Atlas can help you build a global company, don’t hesitate to apply.

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