Singapore – Stripe has unveiled a new suite of tools aimed at helping Asian businesses expand internationally, marking a decade since the payments company first launched in the region.
The announcements were delivered at Stripe Tour Singapore, an event that drew thousands of the region’s business leaders to discuss strategies for accelerated growth.
This brings expanded multi-currency treasury capabilities, additional payment methods, and the ability for businesses to sell domestically across dozens of countries without setting up a local entity.
Since entering Asia ten years ago, Stripe has grown its Singapore user base to more than 80,000 businesses and solopreneurs. Among them are global technology builders such as Supabase, which serves customers in over 150 countries, and Manus, which sells into more than 200 countries.
Notably, more than six in ten Singapore-based Stripe users now sell internationally, underscoring the city-state’s role as a launchpad for regional and global commerce.
Sarita Singh, Regional Head and Managing Director for Southeast Asia, Greater China and South Korea at Stripe, commented on the milestone, “We’ve been partnering with Asia’s internet pioneers for a decade and the newest generation are growing at unprecedented speed. We’re expanding our core global infrastructure to accelerate them further.”
Turning to the specifics of the rollout, Asian businesses selling digital products can now sell to customers across 195 countries through Stripe Managed Payments.
Under this system, Stripe takes on responsibility for indirect tax, disputes, fraud protection and customer support, thereby easing the compliance burden on merchants.
In addition, businesses stand to benefit from higher payment success rates, as Stripe routes transactions through its own local entities in markets around the world.
Singaporean firms including Ahrefs and Razer have already adopted Stripe Managed Payments to support their global expansion plans.
Meanwhile, businesses on the platform can also automatically localise pricing for overseas customers through Adaptive Pricing, a feature Stripe says drives an average uplift of 17.8% in cross-border revenue.
Beyond pricing, reaching international customers also depends on offering the payment methods they already use and trust.
To that end, businesses on Stripe can now accept cross-border payments via Samsung Pay, MoMo, GCash, Touch ‘n Go, PromptPay and TrueMoney.
Stripe further confirmed that ShopeePay and SPayLater will be enabled across Southeast Asia from the fourth quarter of this year.
On the financial operations side, Stripe is also addressing a long-standing pain point for exporters: slow, fee-laden cross-border cash flow.
For many businesses, international revenue tends to arrive slowly and is often eroded by foreign exchange fees, with further delays and charges incurred when that money is used to pay suppliers abroad.
In response, Stripe has introduced new money management capabilities, starting with the ability for Singapore businesses to hold balances in ten currencies and convert between them instantly. Businesses will also be able to receive and store funds in five currencies: Singapore dollars, US dollars, Australian dollars, British pounds and euros.
Looking ahead, Stripe plans to bring its full Treasury experience to Singapore in early 2027, adding the ability to spend directly from balances and pay recipients worldwide from the Stripe Dashboard.
Once live, Stripe Treasury will allow international sales revenue to be used instantly to pay suppliers, contractors and other third parties in close to 100 countries, requiring nothing more than an email address.
