Company of the Week: StripeJune 13 2019
If you run business that incorporates subscriptions and/or payments, then you’ve probably heard of Stripe. They provide a range of products that fit a multitude of varying business models with the aim of getting sellers paid seamlessly. Straight up payments, recurring subscriptions or connecting various platforms – they have the billing solution for all.
CEO and Co-Founder of Stripe, Patrick Collison said: “Stripe aims to give developers the tools they need to create the most secure and novel buying experiences”. Patrick and his brother and co-founder, John both started working on Stripe back in 2010 when they both debated why accepting payment online proved to be a hassle for everyone.
As of January 2019, Stripe has received multiple rounds of funding now boosting its valuation to over $20 billion. Investors are jumping on to support this payment solution that has already impacted businesses worldwide.
Essentially, Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use their software to accept payments and manage their businesses online and we think Stripe is a great company of the week!