Stripe is marking its 10th year in Singapore with new tools aimed at helping Asian businesses expand into international markets, including expanded multi-currency capabilities, more local payment options and services that allow companies to sell in dozens of countries without establishing a local entity.
The payments technology company said more than 80,000 businesses and solopreneurs in Singapore now use its platform as more than six in 10 Singapore-based Stripe users sell to customers overseas.
Stripe’s customers in the country include technology companies such as Supabase, which serves customers in more than 150 countries, and Manus, which sells in more than 200 countries.
“We’ve been partnering with Asia’s internet pioneers for a decade and the newest generation are growing at unprecedented speed.”
“We’re expanding our core global infrastructure to accelerate them further,” said Sarita Singh, Stripe’s regional head and managing director for Southeast Asia, Greater China and South Korea.
Under the latest expansion, businesses selling digital products can use Stripe Managed Payments to sell to customers in 195 countries, while Stripe handles areas including indirect taxes, disputes, fraud protection and customer support.
Stripe said the service can also improve payment success rates by routing transactions through its own local entities in different markets.
Singapore-based companies including Ahrefs and Razer are already using Stripe Managed Payments to support their international expansion.
Stripe is also expanding its payment options for businesses selling across borders. Customers can now pay through Samsung Pay, MoMo, GCash, Touch ’n Go, PromptPay and TrueMoney. Stripe said it plans to add ShopeePay and SPayLater across Southeast Asia in the fourth quarter.
The company said its Adaptive Pricing feature, which automatically localises prices for international customers, has resulted in an average 17.8% increase in cross-border revenue for businesses using the service.
Stripe is also expanding its financial services for Singapore businesses that receive revenue in multiple currencies.
Businesses on Stripe can currently hold balances in 10 currencies and convert funds between them instantly.
In early 2027, the company plans to bring its full Stripe Treasury service to Singapore, allowing businesses to spend from their balances and make payments to recipients around the world directly through the Stripe Dashboard.
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Stripe said the service will allow international sales revenue to be used to pay suppliers, contractors and other third parties in nearly 100 countries using just an email address.
Businesses will also be able to receive and hold funds in Singapore dollars, US dollars, Australian dollars, British pounds and euros.
The announcements were made at Stripe Tour Singapore, which brought together thousands of business leaders from across the region to discuss opportunities for accelerating growth.
Stripe first launched in Asia 10 years ago and has since expanded its infrastructure as businesses in the region increasingly look beyond their domestic markets.
About the Author
Cecilia Attah is a tech analyst with a degree from Benue State University. She covers tech news and startups at TechRegard with a focus on how technology is transforming Africa and shaping the global landscape.
