Back
Havish Gupta
Figuring Outย โขย 5m
How Two Brothers Built a $100B Company! This is the story of Patrick Collison and John Collison, two Irish brothers with a passion for technology and entrepreneurship. In 2010, the Collison brothers were frustrated by the complexity of online payments. Thus, they launched Stripe with $200,000 in seed funding, aiming to simplify payments for developers and businesses. They launched a beta version in 2010 and officially debuted in 2011. The task of adding payments, which once took days, could now be completed with just a few lines of code. Developers loved this, while users became fans of its interface and versatile payment options. This success led to their first major milestone: raising $18M in Series A funding, led by Sequoia Capital. And then they never stopped!! In 2014, they expanded to Europe. In 2015, they had already processed $10 billion in payments. In 2016, they operated in 25+ countries. In 2021, Stripe raised $600M, valuing Stripe at $94.4 billion. Today, Stripe is the biggest payment processing company, handling $1 trillion annually, generating $15 billion in revenue, and powering 1.6 million websites.
Replies (12)
More like this
Recommendations from Medial
Kolkata Index
News on Infrastructu...ย โขย 6m
โ๏ธHow Stripe Secured Its First Funding: A Pre-Seed Success Story In 2010, brothers Patrick and John Collison had a vision to simplify online payments. Their startup, Stripe, aimed to provide developers with seamless tools to accept payments. But ge
See More
UI Parameters
Let's create some de...ย โขย 1y
Case Study: Stripe - Revolutionizing Payments Foundersโ Background: Hailing from Ireland, the Collison brothers were no strangers to innovation. Their early ventures included creating an auction platform and even winning the prestigious Young Scient
See More
Vishu Bheda
ย โขย
Medialย โขย 6m
In 2010, two Irish kids set out to pull off the biggest upset in Silicon Valley history. With one email to Paul Graham and a simple hack, they built a $95B company. Here's the crazy story: At 16, Patrick and John Collison built software for eBay
See More
Mridul Chandhok
Entrepreneur and Ger...ย โขย 9m
Bringing byte- sized entrepreneurial story for you ๐๐ Meet โThe Collison brothersโ who shook the whole Fintech industry like an electric shock โก๏ธ Shocking facts about them and their business๐ณ๐ณ โ They started their entrepreneurship journey at
See More
Abhishek Dwivedi
ย โขย
Karyarthย โขย 26d
Startup Lingo 101: โScaleโ In the startup world, โscaleโ means growing big, bold, and sustainable while making a real impact. For your job search, itโs about leveling up, chasing roles that amplify your skills, align with your passions, and push y
See More
WomenCare
Santan social networ...ย โขย 1m
Is there a way around Stripe Payments, since the software I am using only supports Stripe and two other payment gateways and all of them require an American(US) business entity. Being an Indian business entity, how should I use Stripe being in Indi
See More
Anonymous
Hey I am on Medialย โขย 1y
UPI based payment gateway for developers. I want to enable UPI payments on my website. Which solution can I use? Paytm, Razorpay, Phonepe required documents proving you are a registered business. But I'm a dev, don't have any registered business. Loo
See More
Vishu Bheda
ย โขย
Medialย โขย 3m
๐ฃ๐ฎ๐๐ฟ๐ถ๐ฐ๐ธ ๐๐ผ๐น๐น๐ถ๐๐ผ๐ป ๐ผ๐ป ๐ต๐ผ๐ ๐ฏ๐ผ๐๐ต ๐ฆ๐๐ฟ๐ถ๐ฝ๐ฒ ๐ฎ๐ป๐ฑ ๐๐ฎ๐ฐ๐ฒ๐ฏ๐ผ๐ผ๐ธ ๐ฑ๐ผ๐๐ฏ๐๐ฒ๐ฑ ๐๐ต๐ฒ๐ถ๐ฟ ๐ถ๐ฑ๐ฒ๐ฎ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ฏ๐ฒ๐ด๐ถ๐ป๐ป๐ถ๐ป๐ด Stripe wasnโt an obvious billion-dollar idea at first. Even after building the first vers
See More
Download the medial app to read full posts, comements and news.