Stripe marked ten years since its first launch in Asia by unveiling a series of infrastructure upgrades aimed at helping Singapore-based businesses expand globally, at Stripe Tour Singapore. More than 80,000 businesses and solopreneurs in the country now use the platform, including Supabase and Manus.
The announcements span cross-border payments, pricing localisation and multi-currency treasury tools, reflecting Stripe’s push to deepen its presence as a backbone for Asian businesses selling internationally. More than six in ten Singapore-based Stripe users already sell overseas.
“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,” said Sarita Singh, regional head and managing director for Southeast Asia, Greater China and South Korea at Stripe.
Selling globally, like a local
Through Stripe Managed Payments, Asian businesses selling digital products can now sell into 195 countries while Stripe handles indirect tax, disputes, fraud protection and customer support. Singaporean firms including Ahrefs and Razer are already using the feature to accelerate their global expansion.
- Adaptive Pricing: Automatically localises pricing for international customers, driving an average 17.8% uplift in cross-border revenue.
- New payment methods: Support added for Samsung Pay, MoMo, GCash, Touch ‘n Go, PromptPay and TrueMoney, with ShopeePay and SPayLater rolling out across Southeast Asia in the fourth quarter.
- Multi-currency balances: Singapore businesses can now hold balances in 10 currencies and convert between them instantly.
Treasury tools arriving in early 2027
Stripe said the full Stripe Treasury experience will come to Singapore in early 2027, letting businesses spend from balances and pay recipients in nearly 100 countries directly from the Stripe Dashboard, using just an email address. Businesses will be able to receive and store funds in SGD, USD, AUD, GBP and EUR.
The upgrades are aimed at cutting the delays and foreign exchange fees that currently slow down how quickly businesses can put international revenue to use, whether paying suppliers, contractors or other third parties.
