Stripe is a financial technology company that provides online payment processing and other financial infrastructure solutions for businesses. Its core payments platform enables millions of companies in over 45 countries to accept payments in more than 50 currencies. Stripe has expanded its product suite to include tools for fraud prevention (Radar), business banking (Treasury), tax compliance (Tax), and startup incorporation (Atlas). In 2022, Stripe processed approximately $817 billion in payments and generated $14.4 billion in gross revenue ($3.2 billion net revenue).
Brothers Patrick and John Collison founded Stripe in 2010 after experiencing firsthand the difficulties of accepting online payments. Patrick, recognized as a tech prodigy in Ireland at age 16, and John both attended prestigious universities in the US before dropping out to start Stripe. The company has since raised over $2.4 billion in funding, reaching a peak valuation of $95 billion in 2021 before dropping to around $50 billion in early 2023 amidst a broader tech valuation slump.
Stripe's mission is to grow the GDP of the internet. The company plans to continue expanding globally, building out its platform capabilities, and moving upmarket to serve larger enterprises, while still catering to startups and SMBs. Stripe is not yet profitable as it invests heavily in growth, but aims to reach profitability in the near future. By joining Stripe, employees have the opportunity to work on complex challenges at the intersection of technology, finance, and global commerce alongside a talented team of over 8,000 people.
2010
Founded
1k+
Employees
Series I
Stage
$65B
Latest Valuation
$1B+
Total Funding
Mar 15 2023
Last Fundraise
Why is the rating
Open Roles
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Amazon
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Investors
Andreessen Horowitz
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Founders Fund
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Khosla Ventures
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Kleiner Perkins
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Sequoia Capital
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Y Combinator
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