Stripe IPO

Stripe is a financial infrastructure platform founded in 2010 by Irish brothers Patrick and John Collison. The company builds the economic infrastructure for the internet, offering a suite of APIs and tools that enable businesses to accept payments, manage subscriptions, handle payouts, and run financial operations.

Stripe's core product is its payments API, which allows developers to integrate payment processing into websites and mobile applications with minimal code. The platform processes hundreds of billions of dollars in annual payment volume and serves millions of businesses ranging from early-stage startups to large enterprises including Amazon, Google, Shopify, and Salesforce. Stripe operates in over 50 countries and supports more than 135 currencies.

Beyond payments, Stripe has expanded into adjacent financial services including Stripe Capital (business lending), Stripe Treasury (banking-as-a-service), Stripe Billing (subscription management), Stripe Radar (fraud detection), and Stripe Tax (automated tax compliance). The company reported revenue of approximately $14 billion in 2023 and returned to profitability that year after years of heavy investment.