Abu Dhabi’s Hub71 partners with Stripe on payment solutions for tech startups

Abu Dhabi’s Hub71 has announced a new partnership with Silicon Valley-based Stripe, a company that assists tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth.

The partnership was announced during Fintech Abu Dhabi Festival 2021.

The partnership will also grant founders 50 per cent 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 networking opportunities for founders seeking innovative payment solutions.

Jida Itani, COO at Hub71 noted that partnering with Stripe ensures that its startups can receive secure payments from customers seamlessly.

Our partnership with @stripe will give our startups enhanced access to their products and services and allow them to streamline financial transactions, ensuring businesses capture revenue that funds their business growth.

Read more about the signing at https://t.co/d5jhs5G5LY pic.twitter.com/wHxjiWfQix

— Hub71 (@hub71ad) November 24, 2021

“We have more FinTech startups at Hub71 than any other sector and bringing Stripe onboard as a strategic partner strengthens the value we can bring to our community by providing them 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,” said Itani.

Meanwhile Kunal Choitram, Middle East and North Africa Partnerships, Stripe, added, “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.”

In October, Hub71 partnered with Amazon Web Services to enable tech startups to build scalable and secure cloud services that accelerate their growth.

Read: Abu Dhabi’s Hub71 and AWS accelerate startup growth on the cloud

Hub71 has also been picked by the Abu Dhabi Residents Office to endorse exceptional tech talent for their Entrepreneur Golden Visa from Abu Dhabi.

Read also: Abu Dhabi’s Hub71 to endorse tech entrepreneurs for golden residency visas