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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

I moved to Australia in 2013 and created this blog to help Irish people living in Australia. 10 million visitors later it now has evolved into a job board, flight company and offers support with many services Irish people need when they move to Australia. Pop over to my resources page(irisharoundoz.com/resources) to find every service and product I recommend. Thanks for stopping by and hope to see you here again.

Online payment company started by Irish brothers worth $3.5bn

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.

I moved to Australia in 2013 and created this blog to help Irish people living in Australia. 10 million visitors later it now has evolved into a job board, flight company and offers support with many services Irish people need when they move to Australia. Pop over to my resources page(irisharoundoz.com/resources) to find every service and product I recommend. Thanks for stopping by and hope to see you here again.