Stripe: Raised $245 Million in Funding

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Stripe: Raised $245 Million in Funding

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