ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Technology

Stripe CEO: U.S. tech companies 'underestimate' Asia's potential

Despite fintech downturn, payment giant doubles down on overseas business

Stripe’s expansion shows a possible route to growth for digital payment companies trying to keep up with the latest pandemic-induced economic realities. (Source photos by courtesy of Stripe)

SINGAPORE/TOKYO -- Payments giant Stripe will push its investment in Asia as it strives to capture demand in one of the world's fastest-growing regions -- one filled with markets with potential that U.S. tech companies often fail to notice, CEO Patrick Collison said.

San Francisco- and Dublin-headquartered Stripe over the years has expanded its reach from North America and Europe to markets in Asia, Latin America and the Middle East. Collison noted a particular focus on Japan, which Stripe entered in 2016. The world's fourth largest e-commerce market, he said, is "growing much faster than in the U.S."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more