Tagged: john collison

Stripe, a Financial Infrastructure Platform for Businesses, Appoints Steffan Tomlinson as CFO

Stripe, a financial infrastructure platform for businesses, recently announced that Steffan Tomlinson will join the company as chief financial officer. Steffan reportedly has more than 25 years of experience “in the finance industry, most notably with Confluent, Google Cloud, and Palo Alto Networks.” According to… Read More

Payment Processing: Businesses Built on Stripe Processed $817B+ in Total Volume Last Year, Up 26% YoY

Stripe, a financial infrastructure platform for businesses, released its annual letter from Cofounders John and Patrick Collison. The letter “takes stock of Stripe’s business, reflects on the past year, and shares the Collisons’ views on the trends shaping the online economy.” Collectively, businesses built on… Read More

Fintech Stripe Raises $6.5 Billion at $50 Billion Valuation, a Big Drop from Prior Round

Stripe, a leading Fintech in the payments and transaction sector, has raised $6.5 billion (€6.15 billion) at a $50 billion (€47 billion) valuation. The “Series I” round took a significant haircut from its last round. In 2022, Stripe raised money at a $74 billion valuation. … Read More

Stripe Remains Non-Committal on Cryptocurrency Payments 42 months After Stopping the Practice

While Stripe does not currently accept cryptocurrencies as payment, the are monitoring the space and could change that policy in the future, its co-founder and president said today. Speaking at the Fintech Abu Dhabi Festival, John Collison noted his company and cryptocurrencies were founded within… Read More

Payments Processing Fintech Giant Stripe Secures $600M in Capital, Company Valued at $95B

Fintech firm Stripe, an Irish-American payment processing service, has secured $600 million (appr. €500 million) through a funding round. Stripe is now valued at around $95 billion (appr. €80 billion). Investors that took part in Stripe’s investment round include Allianz X, Axa, Baillie Gifford, Fidelity… Read More

Former Bank of England Governor Mark Carney Joins Board of Stripe

Mark Carney, the former Bank of England Governor, has joined Stripe’s board of directors. Carney joins the board in advance of a new funding round that is said to value the Fintech at between $70 to $100 billion, according to reports. In early 2020, Stripe… Read More

Stripe Lands New Funding & Signs Deal with Visa: Payment Platform Valued at $5B

Payments startup Stripe landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion. According to the announcement, Stripe signed an agreement with Visa to work on digital transactions such as website ‘buy… Read More

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