Stripe: Raised $245 Million in Funding
- The latest investment was led by Tiger Global and includes DST Global and Sequoiagot got the backing of some big names, such as American Express, Visa, PayPal’s co-founder Peter Thiel and Tesla founder Elon Musk.
- Launched an engineering hub in Singapore. This is its fourth lab, following Seattle, Dublin, and San Francisco
- Include all core functions: product and engineering teams based there work on expanding Stripe’s payments and treasury network, and help build new products
- beta launched its Stripe Terminal for a programmable point of sale (POS). The idea is to take a user’s online presence into the physical world