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

Despite fintech downturn, payment giant doubles down on overseas business

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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)

TSUBASA SURUGA and NATSUMI IWATA, Nikkei staff writers

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.

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