Stripe

Stripe

Online payment processing solutions provider

About

Stripe provides online payment processing solutions for internet businesses through a suite of payment APIs. These APIs enable businesses to accept and process payments easily over the internet. Stripe serves a diverse clientele, including small startups and large enterprises, across various sectors such as e-commerce, subscription services, and marketplaces. The company focuses on simplifying and securing online payments, charging fees based on transaction volume. Its offerings include payment acceptance, billing management, fraud prevention tools, and financing options, among others. Stripe's goal is to streamline the payment process for businesses of all sizes, ensuring they can manage transactions efficiently and securely.

Company Stage

Private

Employees

10,001+

Industries

Fintech, Financial Services

Total Funding

$8.5B

Headquarters

South San Francisco, California

Founded

2010


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Simplify's Take

What believers are saying

  • Stripe's partnership with Remote enables stablecoin payments in 69 countries.
  • Stripe's collaboration with Allium enhances its blockchain data solutions.
  • Stripe attracts top talent from traditional finance, boosting its competitive edge.

What critics are saying

  • Stablecoin adoption may reduce Stripe's revenue from traditional payment methods.
  • High costs and fraud concerns hinder real-time payment adoption in insurance.
  • Increased regulatory scrutiny may arise from Stripe's blockchain and crypto initiatives.

What makes Stripe unique

  • Stripe offers a comprehensive suite of payment APIs for online businesses.
  • Stripe supports stablecoin payments, enhancing its appeal in the crypto-friendly market.
  • Stripe's fraud prevention tools, like Radar, provide robust security for online transactions.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

35%

2 year growth

33%

Benefits

Inclusive coverage - We provide a thoughtful and balanced set of benefits that allow Stripes to be their best selves and do great work. Whether that means offering comprehensive mental, physical, and medical health plans, supporting Stripes’ financial futures, providing fertility benefits and parental leave, or making sure Stripes have access to healthy food at the office, our robust programs put Stripes and their families first.

Growth by way of learning - We are voracious learners and teachers. Our Education team delivers an onboarding and product training curriculum for all new Stripes, and hosts expert-led courses on things like project management fundamentals and macroeconomics. Beyond the formal program, Stripes are constantly sharing knowledge with each other through conversation, documentation, reading groups, and informal talks.

A principled approach to food - The food program holds a special place in Stripe’s history and future. These Stripes come to our kitchen from a breadth of backgrounds and experiences, and focus on one proposition—respect. This is apparent not only in the local ingredients they work with or in the gracious, teamwork-driven buffet lines, but also in their approach to growing a global team through sustainable food practices and minimal waste.

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