In October 2009, Irish brothers John and Patrick Collison establish Stripe, aiming to simplify online payment processes. The company's inception follows their realization of the challenges in accepting payments on the web, leading to the creation of a prototype and securing their first transaction with 280 North.

Founding of Stripe by John and Patrick Collison in October 2009

In January 2010, Stripe secures funding to further develop their online payment solution. This financial support marks a significant milestone in the company's early growth and expansion.

Stripe secures funding in January 2010

In June 2010, Stripe received seed funding from Paul Graham and Y Combinator, which played a crucial role in the company's early development.

Stripe's Seed Funding from Paul Graham and Y Combinator

In March 2011, Stripe raised $20 million in seed funding.

Seed

Seed Funding

In May of 2011, Stripe received a $2 million investment from Sequoia Capital, Peter Thiel, and Andreessen Horowitz.

Stripe Receives $2 Million Investment

In May 2011, Stripe secured a $2 million investment from prominent investors, enabling the company to expand its operations and services.

Stripe receives $2 million investment from Sequoia Capital, Peter Thiel, and Andreessen Horowitz

In May 2011, Stripe received a $2 million investment from notable venture capitalists, leading to its public launch in September 2011.

Initial investment in Stripe

In June of 2011, roughly 18 months after the company began, Stripe changed its name to Stripe.com. The domain name change was a significant step in establishing the brand and identity of the company.

Stripe changes company name to Stripe.com

Stripe was publicly launched in September 2011, and it quickly achieved a valuation of over $1 billion in less than 3 years.

Public Launch of Stripe

On February 9, 2012, Stripe raised US$18 million at a $100 million valuation from Sequoia Capital and other investors.

Stripe raises US$18 million in funding

The Collison Brothers founded the online payment processing company Stripe.

Founding of Stripe by the Collison Brothers

On July 9, 2012, Stripe received a US$20 million funding from General Catalyst, Sequoia Capital, and Peter Thiel in Series B investment.

Stripe receives US$20 million in Series B investment

On September 11, 2012, Stripe introduced new features like customizable billing interval, volume purchase, and invoice flexibility to enhance competitiveness.

Stripe introduces new features

Stripe partners with Chilling Effects, a database that collects and analyzes legal complaints and requests for removal of online materials.

Stripe Partners with Chilling Effects

Stripe launches Stripe Connect, a new version of its payments service that enables users of any website to accept credit card payments.

Launch of Stripe Connect

E-commerce platform Sellfy expands its payment options to include credit card processing via Stripe. The service opens for merchants in the United States and Canada.

Sellfy Adds Stripe Credit Card Processing

In 2013, Stripe made its first acquisition by purchasing Kickoff, a chat and task-management app designed for teams.

Stripe acquires Kickoff

In April 2013, Walmart's food subscription service Goodies.co started using Stripe for processing payments.

Stripe partners with Walmart's Goodies.co

In August 2013, Stripe expanded its services to the United Kingdom, marking its first entry into a European country. This move aimed to provide UK merchants with a new option for processing transactions on their online platforms.

International Expansion of Stripe to the United Kingdom

On August 20, 2013, Stripe entered into a partnership with Kabbage, an Atlanta-based online provider of working capital for small businesses. This collaboration allowed Stripe customers to access loans from Kabbage based on their payment processing data with Stripe.

Partnership between Stripe and Kabbage

In September 2013, Stripe partnered with Facebook, PayPal, and Braintree to enable autofill of billing information in mobile commerce applications. This collaboration aimed to streamline the payment process for users of these apps.

Partnership between Stripe and Facebook for Mobile Commerce

On January 22, 2014, Stripe raised US$80 million in funding, with investors like Founders Fund, Khosla Ventures, and Sequoia Capital, valuing the company at US$1.75 billion.

Stripe raises US$80 million in funding

On February 11, 2014, Stripe announced that it would be available in 130 currencies, expanding from only being able to receive money in a few select currencies.

Stripe available in 130 currencies

On March 27, 2014, Stripe CEO Patrick Collison announced that the service would now support bitcoin transactions, adding a new feature to its platform.

Stripe supports bitcoin transactions

On December 2, 2014, Stripe secures a $70 million investment at a valuation of $3.5 billion, with Thrive Capital and other investors participating in the funding round.

Stripe receives $70 million investment

On January 14, 2015, Stripe introduces a fraud detection system based on machine learning technology to enhance security measures for its users.

Stripe introduces fraud detection system

In January 26, 2015, Stripe collaborates with Intuit to integrate QuickBooks Self-Employed, aiming to simplify tax processes for self-employed individuals.

Stripe partners with Intuit

On February 14, 2015, Stripe acquires TOTEMS, an Instagram marketing firm, expanding its portfolio of services and capabilities.

Stripe acquires TOTEMS

In June 2015, Stripe introduced an iPhone app that allows users to monitor their payment activities.

Stripe launches iPhone app for monitoring payment activity

By June 2015, Stripe revealed its plans to expand its services to Sweden, Denmark, Norway, and Finland.

Stripe announces expansion to Sweden, Denmark, Norway and Finland

On July 28th, 2015, Stripe announced a strategic partnership and investment from Visa to enhance online and mobile experiences.

Stripe Announces Partnership with Visa

On July 28th, 2015, Stripe announced a strategic partnership and investment from Visa. This partnership aimed to enhance online and mobile experiences, with Stripe benefiting from Visa's technical tools and global reach.

Stripe announces strategic partnership and investment from Visa

In August 2015, Stripe announced that its online checkout tool now supports multiple languages including Chinese, Dutch, French, German, Italian, Japanese, and Spanish.

Stripe enables multiple language support for online purchases

September 2015 marked the collaboration between Stripe and Twitter leading to the launch of Stripe Relay, a toolset aimed at assisting retailers in creating seamless buying experiences within apps.

Stripe partners with Twitter and releases Stripe Relay

Stripe launched Atlas, a platform designed to assist startups in incorporating more easily by providing services such as incorporation, share issuance, adding directors, setting up bank accounts, and Stripe payment accounts. For a fee of US$500, Stripe offers to register overseas startups as a Delaware corporation, allowing individuals worldwide to establish their own business in the United States.

Launch of Stripe Atlas

Stripe launched the Stripe Atlas platform, designed to help entrepreneurs start a business from anywhere on the planet. It allowed companies to incorporate as a US company in Delaware, opening up opportunities for global business operations.

Stripe partnered with German-based POS payment platform provider Payworks to enable Stripe users to accept payments via chip and PIN card readers in the United Kingdom.

Partnership between Stripe and Payworks

On March 18, 2016, Stripe's Atlas service began accepting applicants from Cuba, enabling Cuban startups to incorporate in the United States.

Atlas starts accepting Cuban applicants

On June 21, 2016, Stripe extended its partnership with Payworks to facilitate Stripe merchants in Finland, France, and the United States to accept in-person EMV and contactless card payments through the Payworks platform and API.

Stripe expands partnership with Payworks

On September 12, 2016, Stripe acquired Tonic, an app development and prototyping service, and rebranded it to RunKit to enhance Stripe's developer offerings.

Stripe acquires Tonic and rebrands it to RunKit

On September 19, 2016, Stripe introduced Instant Payouts, a service designed for marketplaces to quickly pay their contractors using existing Visa Debit or Debit MasterCard.

Stripe launches Instant Payouts for marketplaces

Stripe expands its operations to Japan with Sumitomo Mitsui Card Company as an investor, after being in beta in the country for nearly one year.

Stripe Officially Launches in Japan

Stripe introduces Radar, a fraud prevention technology utilizing machine learning algorithms to enhance security measures.

Stripe Launches Radar Fraud Prevention Technology

Stripe acquires Teapot, a developer of identity verification applications, to strengthen its services and offerings.

Stripe Acquires Teapot, an Identity Verification App Developer

Stripe secures approximately $150 million in a fresh funding round, boosting its valuation to around $9 billion.

Stripe raises $150 million in new funding round

Stripe acquires Indie Hackers, a platform dedicated to assisting entrepreneurs in achieving profitability while maintaining their independence.

Stripe acquires Indie Hackers

On April 12, Stripe's term sheet is featured in Fortune's news.

Stripe's Term Sheet

Stripe introduces Sigma, a new analytics tool designed to assist businesses in monitoring payment data, eliminating the necessity for customers to create their own data analytics tools.

Launch of Stripe Sigma

Stripe expands its operations to six additional European countries, ensuring its full range of products is now available in Germany, Austria, Switzerland, the Netherlands, Belgium, and Luxembourg.

Stripe Expansion in Six European Countries

Stripe enters the Hong Kong market, broadening its global reach and providing its services to businesses in the region.

Stripe Launches in Hong Kong

Stripe collaborates with Alipay and WeChat Pay to facilitate global merchants in accepting payments from Chinese consumers, enhancing cross-border transactions.

Stripe partners with Alipay and WeChat Pay

Stripe acquires Payable, a platform specializing in contractor payments and tax form management, to enhance tax reporting tools for on-demand and marketplace business clients.

Stripe acquires Payable

Stripe forms a partnership with Amazon to assist the online retailer in processing certain e-commerce transactions.

Stripe partners with Amazon

Klarna, a Swedish e-commerce company, teams up with Stripe to enhance its services in the United States.

Partnership between Klarna and Stripe

Control collaborates with Stripe to provide merchants with transaction security through alerts and analytics.

Control partners with Stripe for transaction analytics

Stripe acquires Indie Hackers, a platform for entrepreneurs to share knowledge and insights.

Stripe Acquires Indie Hackers

Indie Hackers, a community for entrepreneurs, is acquired by Stripe.

Indie Hackers Acquired by Stripe

Stripe acquires Indie Hackers to strengthen relationship with entrepreneurs.

Control has collaborated with Stripe to enhance the security of merchants' transactions, as mentioned on thepaypers.com.

Control partners Stripe to secure merchants transactions

Actility partners with Stripe to enhance payment services for the US and global expansion of ThingPark market.

Actility selects Stripe as payments partner for ThingPark market expansion

Virto Commerce announces integration with Stripe to facilitate BitCoin payments.

Virto Commerce integrates with Stripe for BitCoin Payments

Stripe introduced Elements to reduce friction in online checkout process, aiming to enhance e-commerce sales completions.

Stripe Launches Elements

The Collison Brothers are known for founding Stripe, a payment processing platform, on October 8, 2017.

The Collison Brothers Found Stripe

Stripe introduced Stripe Connect, a platform that enables users to accept online payments, aiming to enhance the payment process.

Stripe Launches Stripe Connect

Stripe's latest payments product is seen as advantageous for collaborative consumption and e-commerce startups, potentially boosting their operations.

Stripe's New Payments Product Benefits Collaborative Consumption and E-Commerce Startups

Stripe enhances payment acceptance speed through Stripe Connect, streamlining the payment process for users.

Stripe Accelerates Payment Acceptance with Stripe Connect

Stripe Connect simplifies money transactions for online shops, providing a seamless financial solution for e-commerce businesses.

Stripe Connect Facilitates Money Transactions for Online Shops

Stripe made its first acquisition by purchasing Kickoff, a team task management and collaboration app, along with its software design team.

Stripe acquired Kickoff, a Belgian team, as their first acquisition.

Stripe Acquiring Kickoff

During 2017, Stripe acquired TOTEMS, a significant business move for the company.

TOTEMS Acquired by Stripe

Stripe introduces Atlas to assist foreign companies in incorporating in Delaware, expanding its startup tools.

Stripe expands tools with Atlas for foreign companies

Stripe introduces a new service to aid overseas startups in launching their businesses in the United States.

Stripe launches service for overseas startups to enter US market

Stripe Atlas is designed to simplify the process for foreign entrepreneurs looking to establish their businesses.

Stripe Atlas facilitates foreign entrepreneurs

Stripe aims to assist individuals in starting their businesses in the United States.

Stripe supports starting a business in the US

Stripe's startup toolkit Atlas becomes available for Cuban entrepreneurs. This expansion of services to Cuba opens up opportunities for local startups to access tools and resources offered by Stripe.

Stripe's Atlas launches in Cuba

Stripe collaborated with Cuban tech entrepreneurs to enhance their businesses before Obama's visit to Cuba.

Stripe supports Cuba's Tech Entrepreneurs

Stripe extended its payment services to Cuba to aid startups in the country.

Stripe expands payments service to Cuba

Stripe announced its support to help Cubans conduct business in the United States.

Stripe facilitates Cuban business with US

Stripe establishes strategic partnerships with China's leading payment platforms, Alipay and WeChat Pay, expanding its reach globally.

Stripe Forms Global Partnerships with Alipay and WeChat Pay

Stripe establishes collaborations with Alipay and WeChat Pay to enhance mobile payment services.

Stripe forms partnerships with Alipay, WeChat Pay

Stripe simplifies cross-border transactions for Chinese consumers, facilitating international purchases.

Stripe Makes Cross-Border Purchases Easier for Chinese Consumers

Stripe secures agreements to enter the Chinese market, expanding its presence in the region.

Stripe signs deals to access China

Stripe introduces compatibility for Alipay and WeChat Pay, the leading digital payment platforms in China.

Stripe adds support for Alipay and WeChat Pay, China's top digital payment services

Stripe acquires Payable to assist on-demand enterprises in handling 1099 tax reporting efficiently.

Stripe acquires Payable to help on-demand businesses manage 1099 tax reporting

Stripe acquires Payable to enhance tax reporting tools for on-demand businesses.

Stripe Acquires Payable

Stripe introduced an iPhone app for monitoring payment activities in October 2017.

Stripe Launches iPhone App for Payment Monitoring

Stripe introduced a mobile application, sparking discussions on whether Bitcoin could serve as a superior alternative.

Stripe Launches Mobile App

Stripe has revealed a new tool to assist retailers in creating native buying experiences within their apps, enhancing the overall shopping process for customers.

Stripe unveils tool for native buying experiences in apps

Stripe has launched Relay, a service aimed at simplifying mobile shopping and making the process more convenient for users.

Stripe launches Relay for mobile shopping convenience

PayPal is facing tough competition from Shopify and Stripe in the realm of social commerce, indicating a shift in the market dynamics.

PayPal faces competition from Shopify and Stripe in social commerce

Stripe Relay's potential to establish a standard for social commerce is discussed by Kimberlee Morrison in an article on adweek.com.

Stripe Relay Standardization

Stripe acquires Tonic, a startup specializing in app prototyping, to enhance its services.

Stripe acquires app prototyping startup Tonic

Stripe acquires Tonic with the aim of expanding its service portfolio and offerings.

Stripe acquires Tonic to grow its offering

Stripe acquires a startup called Tonic that specializes in app prototyping.

Stripe acquires app prototyper Tonic

Stripe introduces Instant Payouts feature to all contractors after successful early rollouts at companies like Lyft, Care.com, and goPanache.

Stripe offers Instant Payouts to all contractors

Stripe launches Instant Payouts feature for marketplaces, enabling faster payment processing.

Instant Payouts for Marketplaces

Stripe expands its Instant Payouts feature to all users after a successful pilot program with Lyft.

Stripe launches Instant Payouts feature to all

Stripe introduced Instant Payouts feature allowing users to send money within 5 minutes.

Stripe rolls out Instant Payouts

Stripe introduced Radar, a tool utilizing machine learning to combat e-commerce fraud.

Stripe launches Radar for e-commerce fraud

Stripe, Inc. is a multinational company based in California and Ireland. It specializes in payment-processing software for e-commerce and mobile apps.

Stripe, Inc.

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