Stripe has announced a series of new initiatives aimed at boosting the global expansion of Asian businesses, coinciding with its 10th anniversary in Singapore. The company now supports over 80,000 businesses and solopreneurs in the region, including notable names like Supabase and Manus, which serve customers in over 150 and 200 countries, respectively.
Stripe’s latest offerings include Stripe Managed Payments, which allows Asian businesses selling digital products to reach customers in 195 countries. This service manages indirect tax, disputes, fraud protection, and customer support, enhancing payment success rates by routing transactions through local entities worldwide. Fast-growing Singaporean companies like Ahrefs and Razer are already leveraging these capabilities.
Additionally, Stripe’s Adaptive Pricing feature automatically localises pricing for international customers, resulting in an average 17.8% increase in cross-border revenue. The platform now accepts cross-border payments through various methods, including Samsung Pay, MoMo, GCash, and others, with ShopeePay and SPayLater set to launch in Southeast Asia in Q4.
To streamline financial operations, Stripe has introduced new money management capabilities, allowing Singapore businesses to hold and convert balances in 10 currencies. By early 2027, the full Stripe Treasury experience will be available, enabling businesses to manage global payments directly from the Stripe Dashboard.
Sarita Singh, regional head and managing director for Southeast Asia, Greater China, and South Korea, stated, “We’re expanding our core global infrastructure to accelerate them further.” The announcements were made at Stripe Tour Singapore, attended by thousands of business leaders seeking growth opportunities.
