Stripe, Inc.: Difference between revisions
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'''Stripe''' is a company that provides a way for individuals and businesses to accept payments over the internet. Co-founded by brothers [[Patrick Collison|Patrick]] and [[John Collison]], it has received around $40 million USD in investment from [[Sequoia Capital]], [[Andreessen Horowitz]], [[General Catalyst Partners]], [[Redpoint Ventures]], [[SV Angel]], and [[PayPal]] founders [[Peter Thiel]] and [[Elon Musk]].<ref name=vb>{{cite web|last=Takahashi|first=Dean|title=Stealth online payments startup Stripe draws backing from PayPal founders|url=http://venturebeat.com/2011/03/29/stealth-online-payments-startup-stripe-draws-backing-from-paypal-founders/|work=VentureBeat|accessdate=August 23, 2011}}</ref><ref name="tc">{{cite web|last=Tsosis|first=Alexia|url=http://techcrunch.com/2012/07/09/sexy-payments-startup-stripe-swipes-20m-from-general-catalyst-sequoia-thiel-and-more/|title=Sexy Payments Startup Stripe Swipes $20M From General Catalyst, Sequoia, Thiel And More|work=TechCrunch|accessdate=January 19, 2013}}</ref> |
'''Stripe''' is a company that provides a way for individuals and businesses to accept payments over the internet. Co-founded by brothers [[Patrick Collison|Patrick]] and [[John Collison]] and their friend Raeez Lorgat, it has received around $40 million USD in investment from [[Sequoia Capital]], [[Andreessen Horowitz]], [[General Catalyst Partners]], [[Redpoint Ventures]], [[SV Angel]], and [[PayPal]] founders [[Peter Thiel]] and [[Elon Musk]].<ref name=vb>{{cite web|last=Takahashi|first=Dean|title=Stealth online payments startup Stripe draws backing from PayPal founders|url=http://venturebeat.com/2011/03/29/stealth-online-payments-startup-stripe-draws-backing-from-paypal-founders/|work=VentureBeat|accessdate=August 23, 2011}}</ref><ref name="tc">{{cite web|last=Tsosis|first=Alexia|url=http://techcrunch.com/2012/07/09/sexy-payments-startup-stripe-swipes-20m-from-general-catalyst-sequoia-thiel-and-more/|title=Sexy Payments Startup Stripe Swipes $20M From General Catalyst, Sequoia, Thiel And More|work=TechCrunch|accessdate=January 19, 2013}}</ref> |
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Stripe has announced that it is committed to transparency and will post legal requests from a third party to stop doing business with a user to the [[Chilling Effects Clearinghouse]] website.<ref>[http://www.wired.com/threatlevel/2012/09/stripe-transparency/ Payment Processor Stripe Buys Into Transparency and User Rights] By Ryan Singel, ''Wired'' 09-28-12</ref> |
Stripe has announced that it is committed to transparency and will post legal requests from a third party to stop doing business with a user to the [[Chilling Effects Clearinghouse]] website.<ref>[http://www.wired.com/threatlevel/2012/09/stripe-transparency/ Payment Processor Stripe Buys Into Transparency and User Rights] By Ryan Singel, ''Wired'' 09-28-12</ref> |
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Revision as of 20:47, 2 October 2013
 | This article contains content that is written like an advertisement. (March 2013) |
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| Industry | mobile payment industry  |
|---|---|
| Founder | Patrick Collison John Collison |
| Headquarters | , United States |
Area served | USA, Canada, UK, Republic of Ireland |
Number of employees | 46 (2013) |
| Website | stripe.com |
Stripe is a company that provides a way for individuals and businesses to accept payments over the internet. Co-founded by brothers Patrick and John Collison and their friend Raeez Lorgat, it has received around $40 million USD in investment from Sequoia Capital, Andreessen Horowitz, General Catalyst Partners, Redpoint Ventures, SV Angel, and PayPal founders Peter Thiel and Elon Musk.[1][2]
Stripe has announced that it is committed to transparency and will post legal requests from a third party to stop doing business with a user to the Chilling Effects Clearinghouse website.[3]
Stripe charges a fee of 2.9% + $0.30 per successful charge. This rate is higher than the rate charged by conventional credit card processors [citation needed], but Stripe says the total cost to its customers may be lower, because Stripe has no setup fees, no monthly fees, no minimum charges, no validation fees, no card storage fees, and no charge for failed payments.[4]
Paul Graham wrote an article saying that processing payments online is "one of the most important components of the world's infrastructure" but a "painful" experience, and that Stripe is trying to fix that problem.[5]
See also
- Subscription business model
- Payment gateway
- Merchant account
- Electronic commerce
- Payment service provider
- Square (application)
References
- ^ Takahashi, Dean. "Stealth online payments startup Stripe draws backing from PayPal founders". VentureBeat. Retrieved August 23, 2011.
- ^ Tsosis, Alexia. "Sexy Payments Startup Stripe Swipes $20M From General Catalyst, Sequoia, Thiel And More". TechCrunch. Retrieved January 19, 2013.
- ^ Payment Processor Stripe Buys Into Transparency and User Rights By Ryan Singel, Wired 09-28-12
- ^ "Stripe Pricing - United States"
- ^ Paul Graham. "Schlep Blindness". 2012.
External links
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