Stripe

Stripe is a global technology company that enables businesses to accept and process online payments. Founded in 2010, Stripe serves over 100,000 businesses in more than 100 countries with a suite of payment processing tools, including payment gateways, fraud prevention, and subscription management. Key executives include co-founders Patrick and John Collison, and the company has divisions in San Francisco, Seattle, Dublin, and Singapore. Competitors include PayPal, Square, and Adyen.
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Stripe CEO, Patrick Collison. Getty Images.
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Stripe Minted $3.2 Billion in Cash in 2025, Setting Up Acquisition Hunt

By Yueqi Yang · Jul 22, 2026 12:12pm PDT
Stripe is coming off a banner year thanks to booming growth in the AI sector, where the company processes payments for big AI labs and small developers alike. The payment giant’s revenue jumped by a third to $6.8 billion last year, according to a person familiar with its financial figures, marking its fastest revenue growth since 2021. Stripe is... Stripe is coming off a banner year thanks to booming growth in the AI sector, where the company...
Stripe co-founder Patrick Collison. Niall Carson/Getty Images.
The Briefing

Stripe’s PayPal Bid Puts Payments Firm in Play—Could Musk Jump In?

By Martin Peers · Jul 15, 2026 5:01pm PDT
Are the Collison brothers looking to spice up their life? According to Reuters and other news outlets, the Collisons’ payments firm, Stripe, has teamed up with private equity firm Advent to make a $53 billion acquisition offer for PayPal. While the aging payments firm has lost the plot in recent years, this is not exactly a generous offer. ... Are the Collison brothers looking to spice up their life? According to Reuters and other news...
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The Briefing

Stripe and Co. Take On Circle and Tether in Stablecoins

By Yueqi Yang · Jun 30, 2026 5:01pm PDT
A year after the passage of the Genius Act legalized stablecoins, a bunch of big financial players have teamed up to launch a new, impressive-sounding stablecoin. Stripe, Visa, Mastercard, Coinbase, BlackRock and BNY are forming a consortium with over 140 firms to launch Open USD, which will debut later this year. This is a big deal. Open... A year after the passage of the Genius Act legalized stablecoins, a bunch of big financial...
Alex Atallah, CEO of OpenRouter, left, and Patrick Collison, CEO of Stripe. Art by Mike Sullivan; Getty Images
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OpenRouter Financials Suggest Steep Price For Possible Acquirer Stripe

By Amir Efrati and Stephanie Palazzolo · Jul 29, 2026 5:59am PDT
If Stripe ends up buying three-year-old startup OpenRouter for close to $10 billion, the payments firm would be paying a substantial premium of about 70 times the startup’s recent annualized revenue, according to a person with knowledge of OpenRouter’s financials. OpenRouter, which helps app developers access hundreds of AI models, was recently... If Stripe ends up buying three-year-old startup OpenRouter for close to $10 billion, the payments...