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Hub71 and Stripe partnership to accelerate seamless payments for tech startups

Hub71 and Stripe partnership to accelerate seamless payments for tech startups

Hub71 and Stripe partnership to provide startups with payment gateways, founders gain discounted access to Stripe’s startup user tool to grow their business

International platform

Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet. With Stripe, tech startups can more easily and efficiently accept payments online, payout funds, and manage their business growth.

Jida Itani, COO at Hub71, said, “Partnering with Stripe ensures our startup community can receive secure payments from their customers seamlessly. We have more FinTech startups at Hub71 than any other sector and bringing Stripe on board as a strategic partner strengthens the value we can bring to our community by providing them a global platform to facilitate their scale. Stripe’s payments platform is world-class and we look forward to working closely together, capitalizing on its robust financial technology and the scale of its global network to ensure startup founders and entrepreneurs can achieve their true potential, unlocking new revenue streams to take their business to the next level.”

Early, discounted access

The partnership was announced during Fintech Abu Dhabi Festival 2021, where Hub71 is a key supporting partner to the event. The partnership will grant founders 50 percent discounted access to Stripe Atlas, Stripe’s startup toolkit that enables entrepreneurs to launch new startup ventures in minutes from anywhere in the world. Hub71 startups will also gain priority access to Stripe’s new beta products and Stripe events that facilitate new connections for founders seeking innovative payment solutions.

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Speaking on the Hub71 and Stripe partnership, Kunal Choitram, Middle East and North Africa Partnerships, Stripe, said, “Like Hub71, we are motivated to give entrepreneurs in the UAE the ability to achieve their ambitions and scale their businesses online. Our fully integrated suite of payments products makes money movement as simple, borderless, and programmable as the rest of the internet. We look forward to working together with Hub71 and their community of bright startups, providing access to the infrastructure needed to unlock the vast potential of the internet economy.”

(Except for the headline, this story has not been edited by The Technology Express staff and is published from a syndicated feed)

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