Stripe to open Singapore hub following $245m fundraise
From the Stripe Blog :: https://stripe.com/blog/singapore-eng-office
If this doesn’t put Singapore on the map in the global tech arena – then not much will.
Stripe is huge and they have chosen Singapore as an engineering hub.
This continues my hypothesis of why Singapore has already won the hub if SEA region and has vaulted past Hong Kong.
Why? Look at all the global companies with their hubs here and more and more will come and probably do more engineering than just sales and marketing.
Singapore is safe, fair, family friendly and the government is pro tech.
This also helps bolster one the trends I am have been trading on – the TTS. Trailing Tech Spouse.
Companies like Google, FB, AirBnB and now Stripe – move executives to Singapore and with them comes their spouse who often is also in tech. Thus bringing more experiences talent to the region but primarily Singapore.