In brief: Stripe bullish on global expansion, targets India and Malaysia

US-based online payments firm Stripe eyes India as it continues its international expansion. The company has reportedly been testing its product with customers in India for a year. However, a nationwide rollout remains to be a challenge due to local regulations.

Aside from India, the company plans to add 6 new countries to its 23 existing markets.

Stripe is starting with Malaysia, where its services will commence soon.

Source: Bloomberg