Middle East prepares to get Stripe-d as payments giant moves into UAE
Irish-American payments giant Stripe has moved into the United Arab Emirates, its first touchpoint in the Middle East.
The move comes after the company raised $600 million at a $95 billion valuation in March. Stripe processes hundreds of billions of dollars each year for millions of businesses worldwide.
The global tech firm said in a statement on Monday (Apr 5) that UAE-based businesses will be able to accept online payments and make payouts to customers around the world.
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