Stripe in Singapore

Wrote about this yesterday :: https://seedvc.blog/2018/09/27/stripe-to-open-singapore-hub-following-245m-fundraise/

Saw this on LinkedIn today :: https://www.linkedin.com/feed/update/urn:li:activity:6451084223817310208

1) Stripe’s fourth global engineering hub will be in Singapore

2) This hub will build completely new products, and further develop the underlying infrastructure powering Stripe

3) 200 million Southeast Asians will come online in the next two years

Gotta love those SEA stats but what really interests me is #2. New products.

People have been chatting about PayPal and Stripe competing but that has been going on for a while. What is more striking for me is where is Square when it comes to Asia? As of today – completely non-existent.

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