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Another global tech giant, Stripe, is opening an office in Toronto and hiring

Blog TO | Lauren O'Neil | Sep 28, 2021

Stripe opens office in Toronto - Another global tech giant, Stripe, is opening an office in Toronto and hiringOne of the most highly-valued startups in the world just announced a "major expansion of its presence into Canada," joining the likes of Google, Amazon, Netflix, Reddit, TikTok, DoorDash, Uber, PinterestWayfair and dozens of other tech giants in opening a downtown Toronto office.

Stripe announced on Tuesday that it expects to sign a lease for office space in downtown Toronto sometime over the next few months, though a location has yet to be revealed.

See:  Stripe commits $8M to six new carbon removal companies

The goal is to tap into the city's vast pool of local engineering, product and sales talent, as well as to bring more services to its Canadian customers, of which there are many.

"Stripe is hiring for roles in engineering, product, and sales in Toronto. This team complements Stripe's increasingly distributed engineering workforce — including in Dublin and its London fintech office."

While not as much of a household name as startups-turned-tech giants like Uber or TikTok, Stripe is an incredibly fast-growing company with backing from the likes of heavyweight venture capitalists including Elon Musk and Peter Thiel.

See:  Former Governor of the BOE, Mark Carney, joins Stripe board

The platform, which has dual headquarters in San Francisco and Dublin, describes itself as a "technology company that builds economic infrastructure for the internet," effectively makes payment processing software for e-commerce.

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