Payout giant Stripe expands to the Middle East with an office in Dubai

Payout giant Stripe expands to the Middle East with an office in Dubai

Stripe said several companies were already using its services in the UAE, such as gym management software GloFox and online food ordering platform ChatFood. It said it was entering the market in partnership with Dubai-based payments processor Network International.

Founded in 2010 by Irish brothers Patrick and John Collison, Stripe is used by more than 50 companies, each processing over $1 billion annually to receive payments and bill customers. Companies using the payments service include Google, Uber, Amazon and shipping giant Maersk. Stripe’s value soared last month to $95 billion after it capitalised on a boom in e-commerce with a round of funding.

The News Highlights

  • Payout giant Stripe expands to the Middle East with an office in Dubai
  • Check the latest world news updates and information about business, finance, technology and more.
  • Check the latest update on tech news
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
MORTON J. MARCUS: Where does the money go?  |  Opinion

MORTON J. MARCUS: Where does the money go? | Opinion

Oil prices are a different story. They’re dependent on the needs and whims of a few nations with price increases following severe price declines. “Housing! ...
Top Fat Burner Diet Pills 2021

Top Fat Burner Diet Pills 2021

News HighlightsChicago, IL, April 17, 2021 (News) — A lot of people try to lose weight — trying out various diets, exercise, etc. — for years on end ...
Resident Evil 4 VR announced for Oculus Quest 2 as a first-person remake

Resident Evil 4 VR announced for Oculus Quest 2 as a first-person remake

Stare down the abyss with weaponry at the ready. Another angle of knifey-gunney. ...
Call of Duty: Warzone changing Roze, rebalancing FFAR 1, M16 and more

Call of Duty: Warzone changing Roze, rebalancing FFAR 1, M16 and more

Raven follows up by saying it’s “got a lot more in store”, with “some big surprises next week”, so watch this space. Most Wanted Contracts were taken out again ...
Days Gone actor thanks fans for continued support for the game

Days Gone actor thanks fans for continued support for the game

Days Gone is currently available to play on PlayStation 4 and PlayStation 5. If you’re holding out for the PC iteration though, you won’t have a whole lot ...
Financial Education Month programming continues in May

Financial Education Month programming continues in May

Amber Quimby is the fleet vehicle manager at Fleet Operations at Penn State, under Transportation Services. As a part of her job she is responsible for the ...
Executive highlight: Susan Wissler / The Mount |  The business

Executive highlight: Susan Wissler / The Mount | The business

Employees:  14 year-round; 40 to 50 from May to October. Founded: Edith Wharton designed and built The Mount in 1902. The Edith Wharton Restoration, the ...
Xbox Series X |  S is replenished today with a catch

Xbox Series X | S is replenished today with a catch

Source Xbox Game Pass Ultimate costs $15 per month while Xbox Game Pass for console and Xbox Live Gold cost $9.99 per month each, so if you were planning to ...
How much encryption should there be in your investment portfolio?

How much encryption should there be in your investment portfolio?

Other companies have been setting a similar example over the past year. In August 2020, MicroStrategy invested $250 million in bitcoin. Since then, they’ve ...
Woolworths Staff To Adorn Body Cameras Post In-store Assaults

Woolworths Staff To Adorn Body Cameras Post In-store Assaults

“Nobody deserves to be abused at work, so it’s important we look at new measures to help keep our team members safe,” Woolworths’ director of stores, Rob ...
Show next
Compsmag - Latest News from tech, business and health
Logo