Stripe launched in Singapore in 2016. Since then, we’ve seen strong traction, and are proud to work with some of the fastest-growing companies in the region, including Grab, Mobike, and Carousell. Today, we’re increasing our investment: we’re very excited to announce that Singapore is joining Seattle, Dublin, and San Francisco to become Stripe’s fourth global engineering hub.
In the years ahead, we plan to hire hundreds of people to help us expand our infrastructure, build completely new products, and ensure that Stripe’s product suite works just as well in Southeast Asia as it does in Europe and North America.
More than 200 million Southeast Asians will come online in the next two years, and the region’s vibrant internet economy—growing to more than $200 billion by 2025—comprises more than 7,000 high-growth startups. We think that this is just the beginning, and that the region will see vast innovation in the years ahead.
Our Singapore hub will include all of the core Stripe functions: product and engineering teams based here will work on expanding the geographic footprint of Stripe’s existing global payments and treasury network, help build completely new products, and further develop the underlying infrastructure powering Stripe. Today, Stripe works with more than 1 million companies in more than 100 countries around the world. Our Singapore team will help those companies be significantly more successful in the world’s fastest-growing internet region.
We’re proud to be building this presence in Singapore. The country has long understood the importance of global integration and technological advancement, leading the world in everything from containerization to commodities. Singapore embodies a positive-sum economic mindset that serves as an example for the world.
If you’re interested in working with us to help establish Stripe’s engineering hub in Singapore, please get in touch!