Stripe adds another tool to its suite of startup products. The company's new product Atlas helps interational companies incorporate more easily in the U.S. This includes incorporation, share issuance, adding directors, setting up bank accounts and Stripe payment accounts.
Atlas will expand the companies footprint outside of the U.S. It will also help Stripe compete with other providers (Paypal) who provide services beyond payments including loans, invoicing and in-store payment options.
As part of Atlas, Stripe has announced partnerships with several organizations. They include Silicon Valley Bank for financing, Orrick for legal corporation affairs, PWC for tax guidance, and AWS for cloud services. Companies that use AWS as part of it get $15,000 in free services. Collison said that the company has already seen “a lot of demand” for Atlas when sounding out startups ahead of this. The company will also be working with what he described as “a global network” of accelerators, incubators and others to identify startups to become a part of the program. These include 500 Startups, Startupbootcamp, Telefonica’s Wayra, the VC Atomico and others. You can see the full list so far here.