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New Start Up By Irish Brothers Is Estimated At 3.5bn

New Start Up By Irish Brothers Is Estimated At 3.5bn December 16, 2014

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Online payment company started by Irish brothers worth $3.5bn
(Last Updated On: December 16, 2014)

Online payment company started by Irish brothers worth $3.5bn

Company Started by Irish Brothers is Mashable’s Breakthrough Startup of 2014

In less than five years, a small company founded by two young Irish brothers in early 2010 has grown to become one of the most relevant companies in the world. Just recently, Mashable has named Stripe as the breakthrough startup of 2014.

Patrick, 26, and John Collison, 24, who grew up in Limerick, are the brains behind Stripe. Stripe, which is based in San Francisco, in the US, allows retailers and other merchants to accept online payments.

Tens of thousands of businesses are using it for payments and currently, the company is valued at USD 3.5 billion.

According to Mashable, 2014 was the “breakthrough year” for Stripe. This year, the company established high-profiled partnerships with companies such as Apple and Twitter, raising USD 70 million in venture capital funding. In addition, the company made investments to expand internationally and its services are now available in 18 companies.

Meanwhile, despite the success Stripe is currently enjoying, Patrick revealed that their ambitions are “pretty much unchanged.”

Fair play to them.



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Our aim is to help the Irish community in Australia. We aim to help connect and make your stay in Australia as easy as it can be. While at the same time connecting the Irish community in Australia