Stripe unveils new tools to accelerate global expansion of Asian businesses
Stripe today announced new tools to accelerate the global expansion of Asian businesses, from expanded multi-currency treasury capabilities and new payment methods, to the ability to sell domestically in dozens of countries without a local entity.
Singapore businesses can already hold balances in 10 currencies and instantly convert between them. In early 2027, Stripe will bring the full Stripe Treasury experience to Singapore, adding the ability to spend from balances and pay recipients anywhere in the world directly from the Stripe Dashboard.
With Stripe Treasury, revenue from international sales will be available instantly for paying suppliers, contractors, and third parties in nearly 100 countries with just an email address. Businesses will be able to receive and store funds in SGD, USD, AUD, GBP and EUR.
Ten years on from Stripe’s first launch in Asia, more than 80,000 businesses and solopreneurs in Singapore now use Stripe, including global builders like Supabase, serving customers in more than 150 countries, and Manus, which sells into more than 200 countries. More than six in ten Singapore-based users sell internationally.
Sarita Singh, regional head and managing director for Southeast Asia, Greater China and South Korea said:
“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.”
