Tagged: patrick collison

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

James Phillips to Join Fintech Stripe as President of Financial Services

  Stripe, a financial infrastructure platform for businesses, recently announced that James Phillips will be joining as President of Financial Services. James joins Stripe after spending about a decade working at Microsoft where he “helped scale the Digital Transformation Platform Group.” At Microsoft, James led… Read More

Payments Platform Stripe Acquires Nigerian Fintech Paystack which will Continue to Operate Independently

Payments platform Stripe has acquired Nigeria-based Paystack, which is a startup that aims to make it easier to integrate various payment services. The acquisition may be valued at over $200 million, according to TechCrunch which cited sources familiar with the matter. Patrick Collison, CEO at… Read More

Report: Stripe CEO “Very Skeptical of Anyone…Adamant That Crypto’s Gonna Work”

CEO Patrick Collison of Stripe told Wired magazine last Friday that he’s, “very skeptical of anyone who’s adamant that crypto’s gonna work,” but said he thinks companies should experiment even if the chance of success seems slight. Collison reportedly made the comments while doing on… 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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