Stripe is a multi-billion start-up that creates software to enable and streamline e-commerce payment platforms. As online shopping is growing exponentially, the company is as well. Already in 34 countries, Stripe announced expansions to new regions, including a flagship office in Mexico City that is intended to "attract engineering talent and capitalize on the mobile-payment and e-commerce growth in the region."
Stripe's motive is to create an online ecosystem that is borderless and global. In a report, the company revealed that "70% of online businesses sell internationally." Thus, secure and efficient e-commerce payment platforms become quite important to the global success of companies, especially for those who are looking to test out the interest in untapped markets -- like the one in Latin America.
E-Commerce Payment Platforms
As Stripe Grows, It Announces a New Flagship Office in Latin America
Trend Themes
1. Growing E-commerce Payment Platforms - Stripe's expansion into Latin America reflects the growing importance of secure and efficient e-commerce payment platforms.
2. Global E-commerce Payment Ecosystem - Stripe's motive is to create a borderless online ecosystem that enables international online trade.
3. Mobile Payment and E-commerce Growth - Stripe's new flagship office in Mexico City is intended to capitalize on the mobile payment and e-commerce growth in the region.
Industry Implications
1. E-commerce - Stripe's expansion and development reflects the growing importance of secure and efficient e-commerce payment platforms in a global market.
2. Payment Platforms - Stripe's innovative software creates opportunities for growth and investment in the payment platform industry.
3. Technology and Software Development - Stripe's technology and software development presents profitable opportunities in hiring engineering talent for growing e-commerce payment platforms.