Co-founder
Patrick Collison
Co-founded Stripe with his brother John. The business began with developer-friendly online payments and expanded into financial infrastructure.
Explore founder
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Fintech / COMPANY INTELLIGENCE
Stripe
Provides infrastructure for payments, billing, tax, financial operations, and money movement for businesses and software platforms.
01 / THE BUSINESS
How Stripe creates value.
Payment processing, billing, tax and embedded financial tools serve businesses of different sizes. Payment volume, net revenue and software revenue are distinct measures; customer volume is not Stripe revenue.
SectorFintech
Founder coverage2 profiles
Research checkedSep 18, 2026
02 / PEOPLE BEHIND THE COMPANY
Meet the builders.
Co-founder
John Collison
Co-founded Stripe with Patrick Collison. The brothers’ annual letters explain the company’s approach to products, customers and the internet economy.
Explore founderSelected founders; historical founding roles are distinct from current management positions.
03 / CAPITAL & OWNERSHIP
Follow the financing.
Selected disclosed events, newest first. Announcement values describe that transaction and date; they are not current share prices. Debt, equity and secondary transactions are identified separately.
- Secondary
Employee tender offer
Disclosed amountAmount not disclosedTender-offer valuation$159BNamed participants: Thrive Capital · Coatue · a16z
Liquidity for current and former employees. Stripe also planned to use its own capital to repurchase shares. This is not equivalent to new operating capital.
Read the announcement
Explore the named investors.
Names refer to the cited transactions. They do not establish current ownership, ownership percentages, or endorsement of this website.
04 / IN THEIR OWN WORDS
Watch. Listen. Form your view.
Dwarkesh Podcast · 2024-02-21
Patrick Collison — building, progress and payments
A long-form founder discussion; compare the operating philosophy with Stripe’s later company disclosures.
Watch on YouTube ↗Interviews reflect the speaker’s perspective at publication. Company statements are not independent verification.
05 / EDITORIAL ANALYSIS
The opportunity. The open questions.
Our interpretation of the business model and cited sources, not a valuation or a recommendation.
The case to investigate
- A broad product suite can increase revenue within existing customers.
- Developers and platform customers may extend distribution.
Pressure-test the thesis
- Payment volume is not net revenue or profit.
- Competition, fraud losses and regulation can affect margins.
What to watch next
01
Net revenue growth and product mix.
02
Software adoption and retention.
03
Tender terms versus the rights of the security being researched.
YOUR RESEARCH WORKSPACE
Keep the questions that matter.
Use this checklist to record what you have investigated. Your notes stay in this browser.
06 / RESEARCH TRAIL
Go straight to the source.
Research checked Sep 18, 2026. Selected public disclosures, not a complete capitalization table or securities-filing search. Missing information is left unconfirmed. No investment availability or IPO date is implied.