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Flagship launch seeks to accelerate growth in the UAE's internet economy


Flagship launch seeks to accelerate growth in the UAE’s internet economy
06 Apr, 2021
Today Stripe, a global technology company that builds economic infrastructure for the internet, announced its official launch in the United Arab Emirates.
 
Stripe has marked its entry into the region with the launch of its UAE office, in Dubai Internet City, which will be Stripe’s first office in the Middle East. A major milestone, today’s launch marks Stripe’s first expansion into the Middle East.
 
Businesses operating online in the UAE can use Stripe to accept online payments, make payouts, mitigate fraud, and expand globally to reach customers all around the world. Similarly today’s announcement means it will be easier than ever for the network of leading global brands already using Stripe to bring their products and services to the UAE. ....

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Stripe marks Middle East expansion with office in Dubai


Stripe marks Middle East expansion with office in Dubai
Dubai, United Arab Emirates. Image: © Rastislav Sedlak SK/Stock.adobe.com
Stripe will open its first office in the Middle East as its services launch across the United Arab Emirates.
Payments company Stripe is marking its first move into the Middle East with the opening of a new office in the United Arab Emirates.
Recently valued at $95bn, the company founded by Irish brothers Patrick and John Collison is one of the most valuable US start-ups in the world.
The announcement of an office in Dubai comes alongside the launch of its services in the UAE. As of this week, businesses in the country can use Stripe’s platform to accept online payments and make pay-outs. They can also benefit from Stripe’s fraud protection tools. ....

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€48 million invested in start-ups by Enterprise Ireland in 2020


€48 million invested in start-ups by Enterprise Ireland in 2020
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD has
announced that Enterprise Ireland invested more than €48 million (the highest level
of funding to date) towards Irish start-ups in 2020, supporting a total of 125 new
start-up companies.
Investment was provided through Enterprise Ireland’s High Potential Start-Up (HPSU) and Competitive Start Fund (CSF) programmes.
The Covid-19 Sustaining Enterprise Fund and an increase in follow-on investments to help HPSUs scale internationally boosted investment in innovative High Potential Start-Ups in 2020.
Leo Varadkar, Tánaiste and Minister for Enterprise, Trade and Employment said: “I have nothing but admiration for the many entrepreneurs across the country who have been brave enough to start up new businesses during the pandemic. It’s been an incredibly difficult year. I have seen countless example ....

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