Stripe is an technology company that focuses on providing the technical, fraud prevention, and banking infrastructure required to operate on-line payment systems.
Stripe provides APIs that web developers can use to integrate payment processing into their websites and mobile applications.
Stripe was founded in 2010 by John Collison and Patrick Collison. The company is headquartered in San Francisco, California and Dublin, Ireland, with operations in over 25 countries.
Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models.
Stripe primarily offers payment processing software and application programming interfaces (APIs) for e-commerce websites and mobile applications. Stripe is removing the barriers to online commerce helps more new businesses get started, expedites growth for existing companies, and increases economic output and trade globally.
Stripe has built out a bigger platform around that, a suite of services to position itself as a one-stop shop not just for helping businesses run all of the commercial aspects of their operations, including incorporation, managing fraud, managing cash flow and more.
Stripe combines a payments platform with applications that put revenue data at the heart of business operations. From new startups to public companies like Salesforce and Facebook—use the company’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries.
Stripe is backed by Sequoia Capital, Khosla Ventures,General Catalyst, Andreessen Horowitz, Tiger Global Management, Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company and others. The company raised $600M in Series H round on Mar 14, 2021. This brings Stripe's total funding to $2.2B to date. The Series H round valued Stripe at $95B post-money.
Stripe has also made 7 investments totalling over $1.1B including a £85M funding to Monzo on Oct 31, 2018. As well as acquired 8 companies including Payable, Indie Hackers, Kickoff, RunKit, TOTEMS & Teapot & Index to date.