Bringing Its Payment Infrastructure To India

A San-Francisco-based fintech startup, Stripe, is eyeing to enter the Indian market. And now it has just hired its first Indian employee- Anand Balaji- to oversee its initial foray into the Indian market.

About Stripe

Founded by two Irish siblings, Patrick and John Collison, six years ago, Stripe is a digital payments facility and one of the most successful startups in this field in the world. Big names like Visa, American Express, and Sequoia Capital are the investors backing this startup. It caters to the small and medium scale companies with its software and payment infrastructure capabilities. These clients include Lyft, Pinterest, Slack among other 1 lac clients globally.

Stripe is basically helping businesses in simplifying online payment transactions. It helps them accept the card and other payment methods using mobile and web-based apps with unparalleled efficiency. It is already operating in 25 countries including America, Europe, and Southeast Asia.

About Anand Balaji

Anand Balaji is a graduate of the Wharton School, University of Pennsylvania. He was previously the Head of Business Development, Amazon. Before this, he was Marketing Manager with Microsoft. He was also among the Amazon team that brought Amazon to India. He will now study the Indian market and lay the foundation of Stripe’s launch in India.

Takeaways:

• A San-Francisco-based fintech startup, Stripe, is eyeing to enter the Indian market.
• Stripe helps companies with accepting the card and other payment methods using mobile and web-based apps with unparalleled efficiency.
• Anand Balaji, ex- Head of Business Development, Amazon, has been hired by Stripe to help with its foray into the Indian market.
• It is already operating in 25 countries including America, Europe, and Southeast Asia.