Stripe recognizes that “Companies want to grow their revenue faster with less effort,” which is what Stripe aims to do help them do. Jay’s fireside chat with Will at the Hong Kong RISE Conference revealed how, ironically, Stripe, as a global company, has to be “hyper-local” to adequately work with and understand different regions’ regulatory requirements.
As an online payment processor, Stripe is on the cutting edge of global ecommerce. They stay agile by preferring to work with startups who need the ability to innovate and change quickly. Stripe was the first major payment processor to embrace Bitcoin…and also the first to deprecate it once it proved to not be ecommerce ready.
With a growing location in Singapore, Stripe is positioned to be a major player in the region as the global economy continues to grow.
In today’s episode you’ll learn:
- About Stripe
- Why Stripe choose to cater to startups
- Why Stripe, a global business, also has to be “hyper local.”
- Why developing Asian countries have a chance to improve on the financial institutions of the West
- Will’s perspective on cryptocurrencies
- Will’s outlook for Stripe over the next five years
Listen to this episode on iTunes
What was your biggest insight from this week’s episode? Let Jay know in the comments or on Twitter: @jaykimmer.
LINKS FROM TODAY’S EPISODE
- Read the full transcript from the fireside chat with Will
- Hong Kong RISE Conference
- Stripe
DETAILED SHOW NOTES
- [0:02:00] Will gives an overview of Stripe
- [0:03:59] Will discusses the growth Stripe has experienced over the last couple of years
- [0:05:41] How Asia fits into Stripe’s global plans
- [0:08:10] Will discusses how Stripe works with local regulators to make financial hurdles more surmountable
- [0:10:53] Will explains Stripe’s history and outlook with regard to cryptocurrencies
- [0:12:44] Will’s perspective on cryptocurrencies disrupting the payment space in the next few years
- [0:14:06] The role Stripe hopes to play in realizing the global internet economy
- [0:16:24] Will’s outlook for Stripe over the next five years
Leave a Reply