Digital payments platform Stripe announced on Tuesday it has launched its newest office in Mexico City. According to Stripe, the office is its first in the region and will be home to teams focused on building products for the most ambitious technology companies in Latin America.
“With our office in Mexico City, we’re going to hire across a wide variety of roles, including engineering. Our initial focus will be expanding and adapting Stripe’s global payments and treasury network across the region. Over time, we expect teams in Mexico to build entirely new products in order to accelerate the growth of Latin America’s internet economy.”
Stripe also noted that Mexico has a strong engineering culture and a lot of highly-trained local talent. The platform added:
“By hiring in Mexico City, alongside the 14 other countries Stripe is hiring in today (including our remote hub), we plan to continue to adopt a truly global development model. Our aspiration is to build a world-class team here—tightly integrated with our global engineering organization to build products for entrepreneurs and businesses in Latin America and the rest of the world.”