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Stripe Expands Payments Service To Cuba To Support Startups


Ron Burgundy
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People stand outside a currency exchange shop to change money in HavanaBy Heather Somerville SAN FRANCISCO (Reuters) - Silicon Valley payments company Stripe is bringing its services to Cuba to help entrepreneurs there start new businesses, an action that brings U.S. tech services to Cubans as relations between the two countries thaw. Stripe, a startup valued at $5 billion that gives websites and apps an easier way to process payments, said on Friday it will extend to Cuba one of its new services, called Stripe Atlas, a product designed to give entrepreneurs access to the basic services for starting a global Internet business.




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