Founded in 2010, the tech company provides transactional solutions like online payment, software and the required technology to help businesses accept and manage transactions online.
Malaysia is one of only six other countries that was added into a list of 23 nations served by the company currently. If anything, it is an indication of Malaysia’s increasing potential in doing business online.
Banking on globalisation
As more and more businesses go online, more and more transactions need to happen online. Stripe hopes it can make it easier for business to go online and transact in the global market, in return Stripe gets a cut of the increasing number of transactions, be it for payment or for other things like incorporating a business in another country.
Enabling businesses to go online
Beyond transactions, Stripe is looking at growing the 5% pie by looking into the whole online business ecosystem. The company publishes a quarterly magazine about software engineering, it acquired a forum of entrepreneurs called Indie Hackers and recently, the company has embarked in printing books about economics, technology and management via its own printing company, Stripe Press.
Malaysian businesses can get on the Stripe beta program here.
Watch a snippet of the Bloomberg interview here.