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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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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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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]
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