Stripe, Inc.
Irish-American multinational financial services and SaaS company
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| January 2025 | Stripe sent layoff notices to nearly 300 workers, primarily in Product, Operations, and Engineering departments. The company faced controversy after sending a cartoon picture of a duck to laid-off employees, with Chief People Officer Rob McIntosh later apologizing for the mistake. |
| 2024 | Stripe ranked third on the CNBC Disruptor 50 list. |
| 2024 | Stripe reached a significant milestone, processing over $1.4 trillion in payment volume and achieving a valuation of approximately $91 billion, becoming the largest privately-owned fintech company. |
| July 26 2024 | Stripe acquires Lemon Squeezy, a Merchant of Record services start-up. |
| July 15 2024 | Sequoia Capital offers its limited partners a chance to sell up to $861 million worth of Stripe shares, with Stripe's 409A valuation at $70 billion. |
| 2023 | Stripe ranked 28th on the CNBC Disruptor 50 list. |
| September 2023 | Stripe announced an optimized checkout suite that allows businesses to offer more than 100 payment methods. |
| March 2023 | Stripe announced a collaboration with OpenAI to help commercialize its generative AI technology. |
| March 15 2023 | Stripe raises $7 billion in Series I funding from multiple investors including Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital, with company valuation adjusting to $50 billion |
| November 2022 | Stripe initiated layoffs, terminating approximately 14% of their workforce. |
| July 2022 | Experienced a drop in internal share price, causing valuation to fall from $95 billion to $74 billion. |
| May 2022 | Stripe launched its App Marketplace, enabling users to customize Stripe with over 50 third-party app integrations from companies like DocuSign, Dropbox, Intercom, Mailchimp, Ramp, and Xero, though app installations were not immediately available. |
| May 2022 | Stripe launched Stripe Apps to help businesses simplify operations and Stripe Financial Connections to enable bank account verification. |
| May 2022 | Stripe introduced Stripe Financial Connections, enabling businesses to establish direct connections with customers' bank accounts for account verification, balance checking, and fraud reduction. |
| May 2022 | Stripe announced Data Pipeline, a tool for syncing Stripe data with Amazon Redshift or Snowflake Data Cloud. |
| April 2022 | Stripe, along with Alphabet Inc., Shopify, McKinsey & Company, and Meta Platforms, announces Frontier, a $925 million advance market commitment for carbon dioxide removal technology. |
| April 2022 | Stripe announced a strategic partnership with UK-based fintech company ION. |
| April 2022 | Stripe partnered with Twitter to pilot cryptocurrency pay-outs for limited users, with plans to expand cryptocurrency payment options. |
| February 2022 | Stripe was announced as Apple's first partner for in-person Tap to Pay, enabling businesses to accept contactless payments using an iPhone and partner-enabled iOS app. |
| January 2022 | Stripe agreed to acquire BBPOS, its Terminal manufacturing partner, to bring hardware development of Terminal readers in-house. |
| January 2022 | Stripe partnered with Spotify to help creators monetize subscriptions, accept payments, and launch recurring revenue streams. |
| January 2022 | Stripe entered a five-year partnership with Ford Motor Company to handle transactions for consumer vehicle orders and reservations. |
| December 2021 | Stripe acquired OpenChannel, a company specializing in building app ecosystems for businesses, setting the groundwork for their future App Marketplace. |
| November 3 2021 | Stripe leads a $4 million Series Seed fundraising round for Archive, a social listening and user-generated content platform. |
| October 2021 | Stripe acquired Recko, an accountancy platform, to enhance its suite of financial tools. |
| June 2021 | Stripe launched Stripe Identity, a service for online businesses to verify user identities using the company's risk and compliance infrastructure. |
| June 2021 | Stripe launched Stripe Tax, a service allowing businesses to automatically calculate and collect sales tax, VAT, and GST in over 30 countries and all US states. |
| May 2021 | Stripe launched Link, a service for saving and auto-filling payment details that supports payments in over 185 countries. |
| May 2021 | Stripe introduced Payment Links, a no-code product enabling businesses to create checkout links and accept payments on social platforms or direct channels. |
| April 2021 | Stripe acquired TaxJar, a cloud-based tax services provider from Massachusetts, in a deal estimated around $200 million. |
| March 14 2021 | Stripe secures $600M in Series H funding from diverse investors including Ireland's National Treasury Management Agency, Allianz SE, AXA SA, Baillie Gifford & Co., and Fidelity Investments, dramatically increasing valuation to $95 billion |
| February 2021 | Mark Carney, former Governor of the Bank of Canada and Bank of England, appointed to the company's board. |
| February 2021 | Stripe invests in Safepay, a Pakistani payment processor. |
| February 2021 | Mark Carney, former Governor of the Bank of Canada and Bank of England, was appointed to Stripe's board. |
| January 26 2021 | Stripe leads a $102 million Series B fundraising round for Fast. |
| 2020 | Stripe expanded its services to five new European markets: the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. |
| December 2020 | Stripe announced plans to expand in Southeast Asia, China, India, and Japan, and increased its staff in the region by 200 employees. |
| October 2020 | Stripe announced Stripe Climate, a service enabling businesses to fund atmospheric carbon research and capture. |
| October 15 2020 | Stripe acquired Paystack, a Nigerian payment processor, in a deal reportedly worth over $200 million to expand services in Africa. |
| April 16 2020 | Stripe raises $600M in Series G Extension funding from Sequoia Capital, General Catalyst, GV, and Andreessen Horowitz, with company valuation reaching $36 billion |
| March 26 2020 | Stripe leads a $20 million Series A fundraising round for Fast, a company creating a universal, one-click checkout service. |
| 2019 | Stripe began offering automated loans and credit cards to businesses in the United States, using machine-learning models for instant approval. |
| October 2019 | Stripe announced plans to move from the South of Market area to Oyster Point in South San Francisco, scheduled for 2021. |
| September 2019 | Stripe invests in PayMongo, a Philippine payment processor. |
| September 19 2019 | Stripe completes Series G funding round of $250M with investments from Sequoia Capital, General Catalyst, and Andreessen Horowitz, raising company valuation to $35 billion |
| September 5 2019 | Stripe launched Stripe Capital, a merchant cash-advance scheme allowing merchants to request advances on future expected payments. |
| June 24 2019 | Stripe participates in a third funding round for Monzo, raising approximately $144 million at a valuation of $2.5 billion. |
| June 11 2019 | Stripe made its point-of-sale service Terminal available to US users, expanding from a previous invitation-only model. |
| June 6 2019 | Stripe leads a $22.5 million fundraising round for Step, a financial services start-up offering fee-free bank accounts to teenagers. |
| January 29 2019 | Stripe secures $100M in Series F funding from Tiger Global Management, increasing company valuation to $22.5 billion |
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