Stripe is the best way to accept payments online. Stripe aims to expand internet commerce by making it easy to process transactions and manage an online business. We want to increase the GDP of the internet.
We believe that enabling more transactions is a problem rooted in code and design, not finance. Stripe is built for developers, makers, and creators.
We had experienced first-hand the difficulty of accepting online payments. On almost every front, it was becoming easier to build and launch an online business. Payments, however, remained dominated by clunky legacy players. It seemed clear that there should be a developer-focused, instant-setup payment platform that would scale to any size. Stripe launched in September 2011.
public launches to public companies
Stripe now processes billions of dollars a year for thousands of businesses, from newly-launched start-ups to Fortune 500 companies. Since Stripe powers so many new businesses, it's a snapshot of how the internet is changing; many users are in categories that barely existed five years ago. Web and mobile businesses around the world using Stripe include Rackspace, Shopify, Reddit, Foursquare, DailyMotion, Lyft, and many more.
Stripe is 93 people and headquartered in an old trunk factory in the Mission district of San Francisco. The company has received $130 million in funding; investors include Sequoia Capital, Peter Thiel, and Elon Musk.
The Financial Times: Payments start-up Stripe adds support for more than 130 currencies
“‘It’s easy to send a packet of information anywhere in the world, but sending money isn’t so easy,’ he says. ‘It’s a question of the economic infrastructure that’s underneath the web. We personally think that’s a really important problem–you have great connectivity at the information level but not at the payments level.’”
Fortune: The new power player in online payments
“The Collison brothers often describe Stripe less as a financial services company than as fundamental plumbing for the Internet akin to Amazon's cloud computing infrastructure. They want Stripe to enable new types of businesses and accelerate the shift to commerce online.”
Wall Street Journal: Payments Startup Stripe Joins the Billion Dollar Club
“In the crowded field of online payments, venture capitalists are betting Stripe Inc. is a standout worth more than a billion dollars.”
CNBC: Revolutionizing Online Payments with Stripe
“One of the most difficult and expensive parts of launching an online business is implementing payment processing, but a San Francisco startup called Stripe is trying to fix that.”
CNN Money: Stripe's co-founder on visionaries vs. implementers
“I admire companies that use time horizons as a competitive advantage—doing things that pay off over a longer timeline than competitors are willing to wait.”
Bloomberg Businessweek: Stripe Aims to Reinvent e-Payments
“When Patrick Collison began trying to sell Marc Andreessen on the need for a drop-dead simple way for website owners to accept credit cards, the venture capitalist and creator of the Netscape browser cut him off. “I know!” Andreessen said excitedly before launching into a story about how he and the original Netscape team had wanted to make payment processing as fundamental to the Web as the ability to e-mail or display pictures. They were foiled by the complexity of working with banks, credit card companies, and other essential partners.”
The Times: Stripe could be the new Paypal
“Stripe's aim is to make online payments simpler. Currently, small firms and app makers say they have to jump through all kinds of technical hoops to accept payments.”
Wired: Forget ‘Information Wants to Be Free’ — So Does Money
“Collison believes that eliminating barriers to the flow of funds through shared-resource marketplaces frees up these fast-growing startups to focus on building a better product.”
TechCrunch: Stripe Makes It Easier For Marketplaces To Collect And Distribute Payments To Multiple Accounts
“Payments startup Stripe is making an interesting move in the world of marketplaces that should make it significantly easier for collaborative consumption startups to take and process payments. The company is debuting a technology that allows for payments to be distributed to multiple bank accounts.”
Fast Company: Hiring Brilliant Women Engineers Starts With The Job Listing
“At Stripe, ‘We do want to have a diverse team. We make a large effort to keep our eyes open and do active outreach,’ Feng says. ‘I think in terms of being able to hire women, our culture has played a large part in that.’”
Forbes 30 under 30: Patrick and John Collison
“The brothers came up with the idea for accepting credit cards on the Web while on holiday in South America.”
Bloomberg TV: Stripe CEO Discusses Online-Payment Service
“One new startup called Stripe is hoping to give PayPal a run for its money.”
CNN Money: Stripe Wants to Reboot Online Payments
“The Internet has created a global marketplace unlike anything humanity has ever known: more people connected to more products in more places. So why is accepting online credit card payments such a nuisance?”
The Atlantic: Online Payment System, Stripe, Makes Its First International Move
“Stripe, the online payments system that has built a reputation as the simplest way for online retailers to start accepting credit cards instantly, has just launched in Canada, its first non-US country.”
Wall Street Journal: San Francisco Startup Stripe Is Bringing the World’s Commerce Online
“Much of the world is online, but not yet everyone can accept credit-card payments.”
Forbes: Stripe Launches Stripe Connect To Let Users Accept Online Payments
“Startup Stripe has released Stripe Connect, a new version of its payments service that enables users of any website to accept credit card payments.”