Stripe

Stripe, Inc.
legal form	Inc.
founding	2009
Seat	San Francisco
management	CEO : Patrick Collison
Number of employees	2000+
sales	several billion
Branch	Financial services
Website	https://stripe.com/de
	Status: 2018

Stripe is an online payment service based in San Francisco, California . The company's services are offered in 25 countries. Stripe uses a self-learning fraud prevention system. At the beginning of 2018 the company had 900 employees.

history

Stripe headquarters in San Francisco (2019)

The brothers Patrick and John Collison have been developing Stripe's software since 2009. In January 2010, Stripe received seed capital from Y Combinator .

The start-up is funded by CapitalG ( Alphabet ), Sequoia Capital , Visa , American Express , Peter Thiel and Elon Musk . In 2012, Stripe received $ 18 million from its investors in a financing round. Forbes estimated annual revenue of $ 450 million in 2016 . In 2016, CapitalG valued the company at $ 9 billion following a $ 150 million investment.

In 2016, Stripe introduced a fraud detection radar service that uses machine learning and launched the Atlas platform, which enables start-ups to set up businesses in the United States.

Since June 2017 Stripe has also been offering its service in Germany. The first customers included the Internet service provider Jimdo , the cleaning aid broker Book a Tiger and the Croove platform .

In 2017, Stripe and other investors invested 93 million US dollars in Monzo, an online bank from Great Britain . Another financing round for Monzo followed in 2018 with a total of £ 85 million.

That same year, Stripe received another $ 245 million funding from Tiger Global Management, DST Global and Sequoia. The company was valued at $ 20 billion.

In 2018, the company introduced its own credit cards. The company had announced that it would no longer accept Bitcoin payments from April 2018 . According to an intelligence service, Stripe was reacting to lower demand, slow transactions and high fees.

In 2019, Stripe was ranked # 1 among the largest fintech companies in America according to Forbes . The company was valued at $ 22.5 billion.

Web links

Homepage
Alexander Demling: Stripe founders John and Patrick Collison: Smart wie Zuckerberg , Handelsblatt , January 17, 2017

Individual evidence

^ Stripe: press information . Stripe. Retrieved May 11, 2017.
^ Stripe: In your country . Stripe. Retrieved May 11, 2017.
↑ Radar: Stripe uses artificial intelligence to combat e-commerce fraud , t3n magazine , October 20, 2016
↑ ^a ^b Payment service provider Stripe no longer accepts Bitcoins . ( bluebit.de [accessed on January 31, 2018]).
↑ A conversation with the youngest self-made billionaire in the world . In: Gründerszene Magazin . ( gruenderszene.de [accessed on January 24, 2018]).
↑ Chronicle. Stripe, accessed January 24, 2018 .
↑ Morning Briefing: Zynga, B2B, Facebook, Wittlebee, Stripe, Brille24, Barpay, Hotels.com, Cisco. Retrieved September 20, 2019 .
^ How John And Patrick Collison Built Stripe Into The PayPal Of The Mobile Era . Forbes . January 18, 2016. Retrieved May 11, 2017.
↑ This boy is the youngest self-made billionaire in the world. December 1, 2016, accessed September 20, 2019 .
↑ Stefanie Kemmner: There is a new youngest self-made billionaire in the world - and his story is really impressive. Retrieved September 20, 2019 .
^ Stripe launches Radar to tackle e-commerce fraud with machine learning. In: TechCrunch. Retrieved September 25, 2019 .
↑ The youngest billionaire who made his own money. In: world. November 29, 2016, accessed September 25, 2019 .
↑ Stripe Expands Startup Tools With Atlas, For Foreign Companies To Incorporate In Delaware. In: TechCrunch. February 24, 2016, accessed September 25, 2019 .
↑ Online payment service: Stripe starts in Germany . ( handelsblatt.com [accessed January 26, 2018]).
↑ Camilla Hodgson: Monzo raises £ 71 million, doubling its valuation within 10 months. In: Business Insider. November 7, 2017, accessed September 27, 2019 .
↑ Monzo raises £ 85m to help launch new products and expand. In: Financial Times. October 31, 2018, accessed September 27, 2019 .
↑ Stripe: Pay startup is now worth $ 20 billion. In: t3n.de. September 26, 2018, accessed September 27, 2019 .
↑ Stripe: The youngest self-made billionaires in Silicon Valley are two Irish brothers. In: Handelsblatt. September 27, 2018, accessed September 27, 2019 .
^ Stripe Starts Issuing Credit Cards. Bloomberg, June 26, 2018, accessed September 25, 2019 .
↑ Jeff Kauflin: The 11 Biggest Fintech Companies In America 2019. In: Forbes. Accessed August 9, 2019 .
↑ Jay Kim: Now Worth $ 22.5 Billion, Stripe Is Ready To Tackle The Next Wave Of Online Commerce In Asia. In: Forbes. Accessed August 9, 2019 .

[Presseinformationen-1] Stripe: press information . Stripe. Retrieved May 11, 2017.

[2] Stripe: In your country . Stripe. Retrieved May 11, 2017.

[3] Radar: Stripe uses artificial intelligence to combat e-commerce fraud , t3n magazine , October 20, 2016

[:0-4] Payment service provider Stripe no longer accepts Bitcoins . ( bluebit.de [accessed on January 31, 2018]).

[5] A conversation with the youngest self-made billionaire in the world . In: Gründerszene Magazin . ( gruenderszene.de [accessed on January 24, 2018]).

[6] Chronicle. Stripe, accessed January 24, 2018 .

[7] Morning Briefing: Zynga, B2B, Facebook, Wittlebee, Stripe, Brille24, Barpay, Hotels.com, Cisco. Retrieved September 20, 2019 .

[8] How John And Patrick Collison Built Stripe Into The PayPal Of The Mobile Era . Forbes . January 18, 2016. Retrieved May 11, 2017.

[9] This boy is the youngest self-made billionaire in the world. December 1, 2016, accessed September 20, 2019 .

[10] Stefanie Kemmner: There is a new youngest self-made billionaire in the world - and his story is really impressive. Retrieved September 20, 2019 .

[11] Stripe launches Radar to tackle e-commerce fraud with machine learning. In: TechCrunch. Retrieved September 25, 2019 .

[12] The youngest billionaire who made his own money. In: world. November 29, 2016, accessed September 25, 2019 .

[13] Stripe Expands Startup Tools With Atlas, For Foreign Companies To Incorporate In Delaware. In: TechCrunch. February 24, 2016, accessed September 25, 2019 .

[14] Online payment service: Stripe starts in Germany . ( handelsblatt.com [accessed January 26, 2018]).

[15] Camilla Hodgson: Monzo raises £ 71 million, doubling its valuation within 10 months. In: Business Insider. November 7, 2017, accessed September 27, 2019 .

[16] Monzo raises £ 85m to help launch new products and expand. In: Financial Times. October 31, 2018, accessed September 27, 2019 .

[17] Stripe: Pay startup is now worth $ 20 billion. In: t3n.de. September 26, 2018, accessed September 27, 2019 .

[18] Stripe: The youngest self-made billionaires in Silicon Valley are two Irish brothers. In: Handelsblatt. September 27, 2018, accessed September 27, 2019 .

[19] Stripe Starts Issuing Credit Cards. Bloomberg, June 26, 2018, accessed September 25, 2019 .

[20] Jeff Kauflin: The 11 Biggest Fintech Companies In America 2019. In: Forbes. Accessed August 9, 2019 .

[21] Jay Kim: Now Worth $ 22.5 Billion, Stripe Is Ready To Tackle The Next Wave Of Online Commerce In Asia. In: Forbes. Accessed August 9, 2019 .