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.

Recent Articles about Stripe

Stripe CEO Patrick Collison. Photo via Getty

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...

Patrick Collison,CEO of Stripe. Photo by Getty

Stripe Minted More Than $2 Billion in Cash Last Year. Why Go Public?

By Cory Weinberg · Mar 26, 2025 6:00am PDT · 4 comments

Stripe is putting up the kind of numbers that would send its stock soaring, if it had public stock. The payments processing firm doubled its free cash flow last year to about $2.2 billion and grew revenues about 28% to $5.1 billion, according to financial figures obtained by The Information. This year’s tech initial public offering parade is... Stripe is putting up the kind of numbers that would send its stock soaring, if it had public...

Photo via Getty.

Stripe Considers Employee Share Sale at $85 Billion Valuation or More

By Sri Muppidi · Feb 10, 2025 6:32pm PST

Stripe is considering arranging a sale of shares held by employees that would value the company at $85 billion or more, according to a person who has spoken to the company. The transaction would extend a series of share buybacks, secondary sales and fundraises that have lifted the payments provider’s valuation close to its $95 billion peak,... Stripe is considering arranging a sale of shares held by employees that would value the company...

Stripe CEO and co-founder, Patrick Collison. Photo via Getty.

Stripe’s Crypto Deal Provides Momentary Relief to Investors

By Kate Clark · Oct 22, 2024 3:15pm PDT

Stripe CEO and co-founder, Patrick Collison. Photo via Getty.

Stripe’s Crypto Deal Provides Momentary Relief to Investors

By Kate Clark · Oct 22, 2024 3:15pm PDT

Stripe’s announcement that it was buying cryptocurrency payments startup Bridge delivered a dose of optimism to venture capitalists this week. The deal is poised to become the largest-ever crypto acquisition and punctuated a particularly dreary market for mergers and public offerings.The purchase values the two-and-a-half-year-old company at... Stripe’s announcement that it was buying cryptocurrency payments startup Bridge delivered a dose...

Patrick Collison, CEO of Stripe, at an event by The Information in 2017. Photo by Erin Beach.

Stripe’s Bridge to Crypto

By Martin Peers · Oct 21, 2024 5:00pm PDT

Crypto is so back, baby! Payments firm Stripe confirmed that today with its deal—reportedly $1.1 billion—to buy Bridge, a startup that helps companies make payments using stablecoin (a type of cryptocurrency backed by dollars and other traditional currencies). Given that Bridge’s revenue may be around $12 million, as The Information... Crypto is so back, baby! Payments firm Stripe confirmed that today with its deal—reportedly $1.1...

Stripe headquarters in San Francisco. Photo by Getty.

How Stripe’s $1.1 Billion Crypto Bet Could Pay Off

By Yueqi Yang · Oct 21, 2024 4:07pm PDT

Crypto fans have argued for years that blockchain technology could speed up global payments and make them cheaper. Now payments giant Stripe is making a more than $1 billion bet on that finally becoming a reality—and the crypto industry is rejoicing. Stripe announced on Monday that it had agreed to acquire Bridge, a two-and-a-half-year-old... Crypto fans have argued for years that blockchain technology could speed up global payments and...

Photo by Bloomberg via Getty

Creator Economy

Stripe Likes Creators—as Long as They’re SFW

By Laura Mandaro · Sep 12, 2024 2:21pm PDT

For creators, getting paid comes a close second in importance to reaching fans. But we don’t often get an inside look at how the payments—from tips to subscriptions—happen. That’s why our colleague Michael Roddan’s reporting on Stripe earlier this week is a must read. Fintech companies like Stripe have leaned into a surge in online payments... For creators, getting paid comes a close second in importance to reaching fans. But we don’t...

Art by Mike Sullivan.

Stripe’s Challenges With Wells Fargo, Goldman Highlight Payments Risks

By Michael Roddan · Sep 10, 2024 10:39am PDT · 2 comments

Art by Mike Sullivan.

Stripe’s Challenges With Wells Fargo, Goldman Highlight Payments Risks

By Michael Roddan · Sep 10, 2024 10:39am PDT · 2 comments

Last year, staff inside Stripe got some alarming news: The payment giant’s relationship with a key bank partner was about to change—for the worse. Wells Fargo executives had told Stripe co-founder and CEO Patrick Collison they wanted to end a partnership powering Stripe’s payments, according to three former Stripe employees... Last year, staff inside Stripe got some alarming news: The payment giant’s relationship...

As Stripe, Ramp Valuations Rise, Some Fintechs Face Likely Down Rounds

By Julia Hornstein · Aug 23, 2024 6:00am PDT

The fintech world is a tale of two cities. After a thrashing over the last two years, some big fintech startups, such as Stripe and Ramp, have seen their valuations rebound from the lows, as business improves and investor demand rises. Many other fintechs, including Brex, Chime and Plaid, have yet to crystallize a lower valuation in new... The fintech world is a tale of two cities. After a thrashing over the last two years, some big...

Stripe CEO, Patrick Collison. Photo by Bloomberg via Getty.

Stripe, Now Gushing Money, Plans New Employee Tender

By Cory Weinberg · Aug 22, 2024 10:52am PDT · 3 comments

Stripe is planning a new tender offer to buy back shares held by employees, but it will finance this one entirely with its own cash, unlike in previous employee tenders. The financing approach shows how much the payment processing firm’s business has improved from the slump it experienced a couple of years ago. The company had about $615... Stripe is planning a new tender offer to buy back shares held by employees, but it will finance...

From left: Melanie Perkins, CEO of Canva; Parker Conrad, CEO of Rippling; Ali Ghodsi, CEO of Databricks; Dylan Field, CEO of Figma. Photos by Getty

How Investment Banks Are Helping Canva, Stripe, Figma Stay Private

By Cory Weinberg · May 6, 2024 6:00am PDT

When Goldman Sachs CEO David Solomon gathered two dozen tech executives, bankers and investors to a wine and steak dinner in Las Vegas last November, seated next to him was Cliff Obrecht, co-founder of Canva, a $26 billion privately held design software company. Canva is exactly the kind of company Goldman would look to take public one... When Goldman Sachs CEO David Solomon gathered two dozen tech executives, bankers and investors to...

Mike Clayville. Photo via Stripe.

Top Stripe Executive Clayville Departs, Is Helping Secretive Startup Omniva Hire

By Theo Wayt, Cory Weinberg and Anissa Gardizy · Feb 5, 2024 12:25pm PST

Mike Clayville. Photo via Stripe.

Top Stripe Executive Clayville Departs, Is Helping Secretive Startup Omniva Hire

By Theo Wayt, Cory Weinberg and Anissa Gardizy · Feb 5, 2024 12:25pm PST

Stripe returned to profitability last year in part by squeezing spending on sales and marketing. The executive in charge of growing sales to large customers isn’t sticking around to see how the slimmed-down strategy plays out. Mike Clayville, a former Amazon Web Services executive who became a marquee Stripe hire three and a half years ago... Stripe returned to profitability last year in part by squeezing spending on sales and marketing....

Stripe CEO, Patrick Collison. Photo by Erin Beach.

Why Stripe’s Recent Investors Are Smiling Now

By Martin Peers · Dec 21, 2023 5:00pm PST

Stripe is back! The payments firm, long a favorite of Silicon Valley investors, is enjoying a rebound in business that is surely making those investors who bought into its March fundraising feel pretty, pretty good. Remember, Stripe raised money at a valuation of just $50 billion, a few billion dollars below its original sought-after pricing... Stripe is back! The payments firm, long a favorite of Silicon Valley investors, is enjoying a...