How can small businesses power economic growth? Join Stripe’s COO at #tiasg2018 to find out

From its humble beginnings in 2010, Stripe has now grown to be valued at US$9.2 billion. The global technology company powers businesses in 25 countries, and its investors include notable firms and tech luminaries such as Sequoia Capital, Visa, American Express, Peter Thiel, and Elon Musk.

Stripe’s goal is to build the economic infrastructure for the internet. Businesses of any size, from startups to public companies, use its software to accept online payments, run complex global operations and scale online.

The company also couples economic infrastructure with a set of applications for new business models, such as crowdfunding and marketplaces, fraud prevention, analytics, and more.

They have received praise for several features, including:

Allowing businesses to sell to anyone, anywhere

Stripe enables businesses to receive payments in over 130 currencies. In addition to all major credit and debit cards, Stripe also supports payment methods such as Alipay, WeChat Pay, Apple Pay and Android Pay.

Clean and easy-to-use API

Built by developers for developers, Stripe’s API is widely known to be well-documented and intuitive. Stripe also helps with accounting, billing and optimizing checkout experiences for mobile devices.

Plus, there are hundreds of third-party services that are integrated with Stripe – from invoicing and shipping services to email marketing and customer relationship management. This allows companies to set a solid foundation and opens up options for expansion.

Seamless security and fraud prevention

Not only is Stripe certified to Payment Card Industry (PCI) Service Provider Level 1, the most stringent level of certification possible, it also helps businesses fight fraud with its set of machine-learning powered tools, called Radar.

Radar prevented US$4 billion in attempted fraud in 2017 alone, by learning from the transactions processed on the Stripe network for hundreds of thousands of businesses and helping users tailor defenses for their individual company.

The power of small businesses

The idea that small businesses are the backbone of the world economy was brought into mainstream consciousness in the late-1970s through David Birch’s seminal book, The Job Generation Process, which found that companies with 100 or less employees create more than 80 percent of all new jobs. This sparked a global debate about how governments and societies should support small businesses.

Today, with technology impacting every sector and industry, nowhere is this debate more alive than in ASEAN, where SMEs typically make up 90 to 95 percent of companies. With small businesses being the backbone of this region’s economies, Stripe recognizes the impact that SMEs can make and empowers them with the right tools and infrastructure to build the next generation of products.

COO of Stripe, Claire Hughes Johnson will be speaking at TIA Singapore 2018

This May 15, join Stripe’s COO Claire Hughes Johnson at the Main Stage for a discussion about the technological and structural changes driving transformation in this sector, the factors determining growth and success for these small businesses and how they are leveraging technology to power growth across the world.

On top of Claire’s session, you’ll get to to access five other content stages (including our debut Blockchain Stage and Revenue Stage), and meet the entrepreneurs behind the innovative companies exhibiting at Startup Factory.

Don’t miss out your chance to be part of one of the largest tech conference in Asia. Grab your passes to Tech in Asia Singapore 2018 today, and we’ll see you next week!