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

Guillaume Pousaz, CEO and founder of Checkout.com. Photo by Checkout.com. Art by Mike Sullivan.

Checkout.com Pulls Further Ahead of Stripe in Crypto

By Hannah Miller · Jan 12, 2022 5:10pm PST

The race is heating up among payments processors that hope to get ahead in crypto. Checkout.com, the behind-the-scenes company that powers payments at some of the biggest names in crypto, raised $1 billion at a $40 billion valuation as it invests further in crypto and Web3, the company said Wednesday. The deal aims to help the company push ahead... The race is heating up among payments processors that hope to get ahead in crypto. Checkout.com,...

Illustration by Mike Sullivan

Creator Economy

Stripe Shows Its Creator Chops; Snap Warning Sends Chill

By Kaya Yurieff · Oct 21, 2021 3:36pm PDT

Stripe may be best known as a payments tool for tech startups, but it wants the world to know it’s big with creators, too. The San Francisco company on Thursday published a ream of data showing how its payment processing services enable creators to earn money from features like Twitter’s Super Follows, where creators can charge for bonus tweets,... Stripe may be best known as a payments tool for tech startups, but it wants the world to know it’...

Brittany Laughlin, executive director of the Stacks Foundation, which manages the protocol underlying a bitcoin NFT marketplace. More firms, including Coinbase, are getting into the market for these digital assets. Photo: Stacks Foundation

Coinbase Threatens OpenSea’s Hold on NFTs; Stripe Searches For Crypto Talent

By Hannah Miller · Oct 12, 2021 4:43pm PDT

The market for digital, blockchain-based assets known as NFTs just got a little more crowded. Crypto exchange Coinbase said Tuesday that it is planning to roll out a marketplace for non-fungible tokens this year. The company is following in the footsteps of rival exchange FTX.US, which opened its own NFT marketplace on Monday. These... The market for digital, blockchain-based assets known as NFTs just got a little more crowded....

Illustration by Mike Sullivan

The Fintech Startups Plaid, JPMorgan and Stripe Could Buy Next

By Malique Morris · Sep 10, 2021 12:09pm PDT · 2 comments

Illustration by Mike Sullivan

The Fintech Startups Plaid, JPMorgan and Stripe Could Buy Next

By Malique Morris · Sep 10, 2021 12:09pm PDT · 2 comments

Fintech startups have targets on their backs. Big banks and payment processing companies, propelled by the jump in online commerce during the pandemic, are snapping up software firms that help consumers pay, trade and borrow online. And the summer’s deal making is far from over, investors and bankers in the sector say. Just this week, on... Fintech startups have targets on their backs. Big banks and payment processing companies,...

Justin Overdorff. Photo: Lightspeed Venture Partners

Stripe’s Former VC Dealmaker Joins Lightspeed to Invest in Sizzling Fintech

By Berber Jin · Jul 7, 2021 11:23am PDT · 1 comment

While Justin Overdorff was at payments company Stripe, he helped it become a prolific VC investor, spearheaded its partnerships with companies including Amazon and developed its lending business. This spring, he joined Lightspeed Venture Partners as a fintech partner, the first time the venture firm has hired someone to specialize exclusively in... While Justin Overdorff was at payments company Stripe, he helped it become a prolific VC investor...

Photos by Bloomberg, Stripe. Art by Mike Sullivan

The Stripe Founders’ Right-Hand Man

By Kate Clark · May 24, 2021 6:01am PDT · 9 comments

A few years ago, a saying started to ricochet around Stripe’s brick-faced headquarters in San Francisco: If Stripe co-founders Patrick and John Collison, both licensed pilots, were to ever get in a plane crash on one of their jaunts, Will Gaybrick would be first in line to succeed them. The morbid banter, recounted by former staff,... A few years ago, a saying started to ricochet around Stripe’s brick-faced headquarters in...

Stripe's offices in San Francisco, left, and a Lyft drivers' lounge in Oakland, Calif. Photos: Bloomberg

Stripe and Lyft Speed Up Equity Payouts to First Year

By Sylvia Varnham O'Regan and Sarah Krouse · Apr 26, 2021 6:01am PDT · 12 comments

Lyft and Stripe have changed their compensation packages so employees vest their entire stock awards in one year, doing away with a long-standing Silicon Valley custom of requiring staff to stick around for four years before they have their full compensation in hand. Stripe, an electronic payments startup that could go public as soon as this... Lyft and Stripe have changed their compensation packages so employees vest their entire stock...

Illustration by Jesus Escudero.

Want a Piece of Stripe and SpaceX? Find an SPV

By Berber Jin · Apr 9, 2021 6:01am PDT · 4 comments

Illustration by Jesus Escudero.

Want a Piece of Stripe and SpaceX? Find an SPV

By Berber Jin · Apr 9, 2021 6:01am PDT · 4 comments

When Khosla Ventures in February wanted to sell part of its stake in Stripe, one of the hottest private tech companies in the world, the shares ended up being auctioned in an opaque process. One broker with access to the auction told clients through texts that they had two days to submit a bid. The winning auction bidder paid $12 million for... When Khosla Ventures in February wanted to sell part of its stake in Stripe, one of the hottest...

Ramp co-founders Karim Atiyeh (left) and Eric Glyman. Photo courtesy of Ramp.

Stripe Invests in Brex Rival Ramp at $1.6 Billion Valuation

By Berber Jin and Kate Clark · Mar 29, 2021 12:28pm PDT · 1 comment

Ramp, a two-year-old startup that offers corporate cards and software tools for managing employee expenses, is close to finalizing two rounds of funding that will value the company at $1.6 billion, according to three people familiar with the deals. D1 Capital Partners led the first, $65 million round at a $1.1 billion post-money valuation with... Ramp, a two-year-old startup that offers corporate cards and software tools for managing employee...

Stripe-Like Valuation Jumps Are Becoming More Common

By Berber Jin · Mar 16, 2021 1:09pm PDT

Stripe’s funding round was breathtaking for its size and price of $95 billion, amounting to 2.6 times its valuation less than a year ago. But it wasn’t unique. The valuations of the six U.S. startups with the biggest increases over the last year averaged 3.6 times higher than their prior round, according to data compiled for The... Stripe’s funding round was breathtaking for its size and price of $95 billion, amounting to...