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Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every sizefrom new startups to public companies like Salesforce and Facebookuse the companys software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.
Stripe provides a set of APIs that enables businesses and individuals to accept payments over the internet (thus enabling eCommerce). It is a software platform that helps individuals to run an internet business. Recently, Stripe was selected for the 2019 Forbes Fintech 50 startups list.
Stripe provides a payment gateway that allows both private individuals and businesses to accept payments over the Internet. Stripe focuses on providing the technical, fraud prevention, and banking infrastructure required to operate online payment systems. In October 2017, Stripe Atlas added a tool to set up stock issues for founding teams as it builds its business services. In July 2017, It launched global support for Alipay and WeChat Pay. In January 2018, the company decided to withdraw the bitcoin payment option in their payment gateway.
Stripe earns revenue through transaction fees. Stripe charges a flat rate of 2.9% + 30¢ per successful charge as long as the company has under $1 million in volume per year.
and WeChat Pay.
The company also recently launched a service called 'Atlas' that lets foreign entrepreneurs easily set up a US business entity and get a US bank account as well as a tax ID number – this enables businesses around the world to start using Stripe before the company launches in their country. Also, in 2018, the company launched three new high-profile products, including credit-card-issuing technology, point-of-sale software, and a billing platform for subscription businesses.
$2.25 B in 2019
After the latest funding round, the company's valuation is at $22.5 billion. (Jan. 2019)
$10M+ in 2015
Third-party news sources reported that the company's annual revenue is around $1.5 billion.
$10 B in 2018
The company has processed transactions worth $100 billion and is expected to reach its value by $150 billion in FY 20. (Apr. 2019)
Currently, the stripe's platform is working with over 100k+ businesses across the world, including Google, Mindbody, Spotify, and Uber. It also claims that it has more than 500 million online customers in Southeast Asia and India. (Jan. 2019)
Claire Hughes Johnson (Chief Operating Officer)
Will Gaybrick (CFO & CPO)
Billy Alvarado (Chief Business Officer)
Susan Fowler (Engineer)
Uma Chingunde (Engineering Manager)
Cristina Cordova (Business Development)
Jon Zieger (General Counsel)
Jeanne DeWitt (Head of Sales
US & Canada)
Eeke de Milliano (Product Manager)
Felix Huber (Head of Northern Europe)
Kelly Sims (Head of communications)
Romain Huet (Head of Global Developer Relations)
Peiter Zatko (Head of Security)
Jeff Weinstein (Product Manager)
Raylene Yung (Head of Payments)
Niels Provos (Head of Security)
James Allgrove (Head of Growth
Melissa Strait (US Compliance Officer)
Paul Tarjan (Software Engineer)
Peter Arzhintar (Engineer)
Karla Burnett (Engineer)
Dylan Vassallo (Engineering Manager)
Justin Overdorff (Business Development & Partnerships)
Belal Aftab (New Markets)
Julia Evans (Software engineer)
Michael Manapat (Engineering Manager)
Aditya Mukerjee (Risk Engineer)
Vicki Lin (Ecosystem)
Edouard de la Jonquiere (EMEA Financial Partnerships)
Guillaume Princen (Head of Continental Europe)
Nir Dremer (Product)
Tianshi Zhu (Software Engineer)
Brian Collins (Software Engineer)
Chris Traganos (Developer Advocacy)
Kelley Rivoire (Engineering Manager)
Olivier Godement (Partnerships
David Schreiber (Business Operations/Growth)
Andreas Fuchs (Hacker)
Iain McDougall (UK Country Manager)
Beth Robertson (Startup Growth Lead)
Amy Nguyen (Infrastructure Engineer)
Brian Krausz (Product Engineer)
Wilson Miner (Product Designer)
Danika Lyon (Strategic Partner Manager)
Franklin Hu (Engineer)
Nubi Kay (User Ops)
Mac Wang (Head of Australia
Sandro Gianella (European Public Policy Manager)
1. Patrick Collison is an Irish entrepreneur from Limerick County. He is the Co-founder & CEO of Stripe. He won the 41st Young Scientist,Technology Exhibition in 2005 at the age of 16. 2. John Collison is the Founder & President at Stripe (since 2010). Before that, he attended Harvard College.
The company will use its funds for product development, global expansion, and bring new services & features for larger customers. (Jan. 2019)
$100M to $500M
SERIES A · $18 M · Feb 2012
SERIES B · $20 M · Jul 2012
SERIES C · $100 M · Jul 2015
SERIES D · $150 M · Nov 2016
SERIES E · $100 M · Jan 2019
SERIES F · $250 M · Sep 2019
SERIES G · $600 M · Apr 2020
OTHERS · $8.5 M · Jan 2019
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