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Originally, companies registered using Atlas were set up as Delaware-based C corporations. As of April 30, 2018, the option to be registered as limited liability companies was added. [55] Companies set up using Atlas automatically had a business bank account and Stripe merchant account set up. [52]
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In 2018, it raised $8M in a Series A funding led by Irish-American financial services company Stripe. [9] It was acquired in 2020 by Stripe for $200M in a bid to extend Stripe's reach in Africa. Before the acquisition, Paystack was reported to have been used by over 60,000 businesses in Nigeria and Ghana for the collection of online and offline ...
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John Collison (born 6 August 1990) is an Irish-American entrepreneur and the co-founder and president of Stripe, which he co-founded in 2010 with his brother Patrick. Collison was the youngest self-made billionaire in 2016.
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Just days after Stripe sent an email to employees detailing a potential plan to go public within one year, the digital payments giant reportedly could receive a cash infusion of $1 billion from ...
In 2018, Stripe, under the direction of the Collison brothers, contributed $1 million to California YIMBY, a pro-housing development lobbying organisation. [15] In September 2019, it was announced that Stripe had raised an additional $250 million at a valuation of $35 billion. [16] Together, the brothers hold a controlling interest in Stripe. [17]