Stripe
Stripe is a financial infrastructure platform for the internet, helping businesses of all sizes accept payments, manage money movement, and build flexible billing models.
Founding Story
Founded by brothers Patrick and John Collison to solve the complexity of online payments. The original code for Stripe was famously just 'seven lines of code' that allowed developers to integrate payments instantly.
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Leadership
Founders
Patrick Collison
Co-founder and CEO of Stripe. Previously co-founded Auctomatic (acquired by LiveCurrent Media). Studied mathematics at MIT.
John Collison
Co-founder and President of Stripe. Previously co-founded Auctomatic. Studied at Harvard University.
Executive Team
Patrick Collison
Co-founder and CEO
Lead strategist and visionary for Stripe; board member at Meta.
John Collison
Co-founder and President
Oversees company operations and external partnerships.
Business Model
Revenue Model
Transaction-based fees (typically 2.9% + 30 cents per successful charge) and subscription fees for SaaS products (Billing, Tax, Revenue Recognition).
Pricing Tiers
Standard pricing for card transactions.
Available for businesses with large payment volume or unique business models.
Target Markets
- Startups
- Enterprise
- Marketplaces
- SaaS Companies
- Platforms
- E-commerce checkout
- SaaS subscription billing
- Marketplace payouts
- In-person retail payments
- B2B financial operations
- Amazon
- Shopify
- Airbnb
History & Milestones
Completed tender offer valuing the company at $159 billion.
Total Payment Volume (TPV) reached $1.9 trillion.
Valuation reached $95 billion, becoming the most valuable startup in the US at the time.
Launched Stripe Atlas and Stripe Radar.
Launched Stripe Connect for marketplaces.
1 AI Tool by Stripe
Stripe Projects lets developers and AI agents provision, manage, and bill multiple services from the CLI, syncing credentials and environment variables automatically.
