DBS and Stripe partner to accelerate the digital and AI-powered economy in Asia
Partnership supports Stripe's expansion across Asia and transformation into a full-stack financial infrastructure provider
Singapore, 27 Aug 2026 - DBS and Stripe have announced a strategic partnership to accelerate the growth of agentic commerce and cross-border payments in Asia. By combining DBS' banking capabilities and pan-Asian connectivity with Stripe's global programmable financial services, both institutions aim to help businesses collect, move and manage funds more seamlessly across markets. The partnership will also explore jointly developing agentic AI capabilities for DBS customers to transact more efficiently and securely.
This comes at a time when AI agents are increasingly helping consumers and businesses discover products and complete purchases, with AI agents projected to orchestrate up to USD 5 trillion of global consumer commerce by 2030[1]. As agentic commerce grows more prevalent, customers will require trusted platforms that enable AI-powered transactions to be conducted quickly and securely.
The partnership will allow Stripe to leverage DBS’ digital banking capabilities to provide merchants on its platform with enhanced cross-border payments capabilities. This includes using DBS’ money movement and cash management solutions to help Stripe merchants collect payments and to help Stripe optimise liquidity and cash positions across its corporate entities. Collectively, these initiatives will support Stripe’s transformation into a full stack provider of financial infrastructure and ongoing expansion across Asia.
DBS will also explore leveraging Stripe’s global platform and embedded finance solutions to expand the bank’s cross-border network, enabling its institutional clients to connect with more customers around the world.
The partnership addresses a growing need among businesses in Asia for trusted partners that can provide access to multiple payment and currency corridors. Asia’s outbound cross-border payments are projected to surge to USD 24 trillion by 2033, accounting for 36% of global outbound flows and almost double that of 2025 volumes (USD 13.5 trillion)[2].
Tan Su Shan, Chief Executive Officer, DBS, said: “Asia's digital economy is entering a new phase of innovation and growth. AI agents are gaining traction and businesses of all sizes are broadening their reach into new markets around the world. This partnership enables us to continue delivering differentiated solutions for customers and reflects our shared commitment towards helping businesses in Asia build, scale and compete globally.”
Fran Ryan, Chief Business Officer, Stripe, said: "Ten years ago, Stripe launched in Singapore to support Asia's earliest internet builders. Today, more than half of our users in the region are selling cross border. By combining Stripe's global financial infrastructure and product innovation with DBS' trusted banking expertise and extensive regional network, we look forward to helping even more businesses in Asia transform into global champions."
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best AI Bank” by Global Finance, “World’s Best Digital Bank” by Euromoney and the winner of multiple digital assets awards. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 17 consecutive years from 2009 to 2025.
DBS provides a full range of services in consumer, Wealth, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
About Stripe
Stripe is building programmable financial services for millions of businesses globally. Millions of companies use Stripe to accept payments online and in person, embed financial services, power custom revenue models, and build a more profitable business.
Headquartered in San Francisco and Dublin, Stripe processes over $1.9 trillion of payments annually, equivalent to 1.6% of global GDP. Stripe users include all of the top AI companies, 90% of the Dow Jones Industrial Average, and 88% of the Forbes AI 50.
Through its scale and investments in R&D—particularly artificial intelligence and stablecoins—Stripe accelerates the utility of frontier technology in the global economy.
Tan Su Shan, Chief Executive Officer of DBS, and Fran Ryan, Chief Business Officer of Stripe, at the memorandum of understanding signing ceremony
This comes at a time when AI agents are increasingly helping consumers and businesses discover products and complete purchases, with AI agents projected to orchestrate up to USD 5 trillion of global consumer commerce by 2030[1]. As agentic commerce grows more prevalent, customers will require trusted platforms that enable AI-powered transactions to be conducted quickly and securely.
The partnership will allow Stripe to leverage DBS’ digital banking capabilities to provide merchants on its platform with enhanced cross-border payments capabilities. This includes using DBS’ money movement and cash management solutions to help Stripe merchants collect payments and to help Stripe optimise liquidity and cash positions across its corporate entities. Collectively, these initiatives will support Stripe’s transformation into a full stack provider of financial infrastructure and ongoing expansion across Asia.
DBS will also explore leveraging Stripe’s global platform and embedded finance solutions to expand the bank’s cross-border network, enabling its institutional clients to connect with more customers around the world.
The partnership addresses a growing need among businesses in Asia for trusted partners that can provide access to multiple payment and currency corridors. Asia’s outbound cross-border payments are projected to surge to USD 24 trillion by 2033, accounting for 36% of global outbound flows and almost double that of 2025 volumes (USD 13.5 trillion)[2].
Tan Su Shan, Chief Executive Officer, DBS, said: “Asia's digital economy is entering a new phase of innovation and growth. AI agents are gaining traction and businesses of all sizes are broadening their reach into new markets around the world. This partnership enables us to continue delivering differentiated solutions for customers and reflects our shared commitment towards helping businesses in Asia build, scale and compete globally.”
Fran Ryan, Chief Business Officer, Stripe, said: "Ten years ago, Stripe launched in Singapore to support Asia's earliest internet builders. Today, more than half of our users in the region are selling cross border. By combining Stripe's global financial infrastructure and product innovation with DBS' trusted banking expertise and extensive regional network, we look forward to helping even more businesses in Asia transform into global champions."
[1] The agentic commerce opportunity: How AI agents are ushering in a new era for consumers and merchants (McKinsey & Company, October 2025)
[2] The new era of Asia’s cross-border payments (Money 20/20 and FXC Intelligence, April 2026)
[END]
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best AI Bank” by Global Finance, “World’s Best Digital Bank” by Euromoney and the winner of multiple digital assets awards. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 17 consecutive years from 2009 to 2025.
DBS provides a full range of services in consumer, Wealth, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
About Stripe
Stripe is building programmable financial services for millions of businesses globally. Millions of companies use Stripe to accept payments online and in person, embed financial services, power custom revenue models, and build a more profitable business.
Headquartered in San Francisco and Dublin, Stripe processes over $1.9 trillion of payments annually, equivalent to 1.6% of global GDP. Stripe users include all of the top AI companies, 90% of the Dow Jones Industrial Average, and 88% of the Forbes AI 50.
Through its scale and investments in R&D—particularly artificial intelligence and stablecoins—Stripe accelerates the utility of frontier technology in the global economy.
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Awards
World's Best Bank 2025, 2018 - 2022
Euromoney, Global Finance, The Banker
Asia’s Safest Bank, 2009 – 2025
Global Finance
