Stripe

Stripe is a global technology company that enables businesses to accept and process online payments. Founded in 2010, Stripe serves over 100,000 businesses in more than 100 countries with a suite of payment processing tools, including payment gateways, fraud prevention, and subscription management. Key executives include co-founders Patrick and John Collison, and the company has divisions in San Francisco, Seattle, Dublin, and Singapore. Competitors include PayPal, Square, and Adyen.
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The Briefing

Stripe and Co. Take On Circle and Tether in Stablecoins

By Yueqi Yang · Jun 30, 2026 5:01pm PDT
A year after the passage of the Genius Act legalized stablecoins, a bunch of big financial players have teamed up to launch a new, impressive-sounding stablecoin. Stripe, Visa, Mastercard, Coinbase, BlackRock and BNY are forming a consortium with over 140 firms to launch Open USD, which will debut later this year. This is a big deal. Open... A year after the passage of the Genius Act legalized stablecoins, a bunch of big financial...
Stripe co-founder John Collison. Photo by Jeenah Moon/Getty Images.
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Stripe’s Stablecoin Startup Tangles With Sanctions and Scammers

By Michael Roddan and Yueqi Yang · Feb 3, 2026 6:00am PST · 1 comment
When Stripe acquired crypto startup Bridge last year, it described stablecoins as financial services “superconductors.” Thanks to Bridge, Stripe has since integrated stablecoins into an array of products, such as stablecoin cards that allow customers to spend crypto anywhere. Using stablecoins for payments turns out to be harder than it looks.... When Stripe acquired crypto startup Bridge last year, it described stablecoins as financial...
Stripe CEO Patrick Collison. Photo via Getty
The Briefing

Stripe Likes Its Privacy; Autodesk’s Activist Travails

By Martin Peers · Mar 26, 2025 5:00pm PDT
Why do profitable companies bother to go public nowadays? That’s a question my colleague Cory Weinberg raised today in this piece, which revealed that payments processing firm Stripe doubled its free cash flow to $2.2 billion in 2024 on just $5.1 billion in revenue. That’s a free cash flow margin of 43%, which is unusually high for a company... Why do profitable companies bother to go public nowadays? That’s a question my colleague Cory...
Stripe CEO, Patrick Collison. Getty Images.
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Stripe Minted $3.2 Billion in Cash in 2025, Setting Up Acquisition Hunt

By Yueqi Yang · Jul 22, 2026 12:12pm PDT
Stripe is coming off a banner year thanks to booming growth in the AI sector, where the company processes payments for big AI labs and small developers alike. The payment giant’s revenue jumped by a third to $6.8 billion last year, according to a person familiar with its financial figures, marking its fastest revenue growth since 2021. Stripe is... Stripe is coming off a banner year thanks to booming growth in the AI sector, where the company...
Stripe co-founder Patrick Collison. Niall Carson/Getty Images.
The Briefing

Stripe’s PayPal Bid Puts Payments Firm in Play—Could Musk Jump In?

By Martin Peers · Jul 15, 2026 5:01pm PDT
Are the Collison brothers looking to spice up their life? According to Reuters and other news outlets, the Collisons’ payments firm, Stripe, has teamed up with private equity firm Advent to make a $53 billion acquisition offer for PayPal. While the aging payments firm has lost the plot in recent years, this is not exactly a generous offer. ... Are the Collison brothers looking to spice up their life? According to Reuters and other news...