American fintech giant Stripe has launched its operations in Israel and has begun recruiting local talent. The company recently appointed Arnon Barzilay to oversee its local sales operations and several openings in Israel are currently listed on its website.
Barzilay served as Regional Vice President at Salesforce prior to being recruited by Stripe. At this stage, the company is setting up sales and support operations in Israel and not R&D activity.
Stripe develops payment processing software that enables app developers to embed payment solutions, whether from credit cards or other digital means.
In 2021, the company raised $600 million at a $95 billion valuation, and became the highest valued private fintech company in the world.
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