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Online payments company Stripe is laying off 300 employees internationally, according to an internal memo obtained by Fortune, and accidentally sent some affected workers an image of a cartoon duck.
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The Stripe headquarters in San Francisco, California, on Tuesday, April 16, 2024. Stripe, the fintech that helps merchants process customer payments, laid off 300 employees on Monday.
Stripe's latest 409A valuation stood at $70 billion, solidifying its position as one of the most valued startups globally. [104] [105] On July 26, 2024, Stripe acquired the payment processing startup Lemon Squeezy. [106] [107]
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Paystack is a Nigerian financial technology company that offers payment processing services to businesses and was acquired by Irish-American financial services company Stripe for $200M in 2020. [ 1 ] [ 2 ] Its headquarters is located in Lagos, Nigeria .
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Patrick Collison (born 9 September 1988) is an Irish entrepreneur. He is the co-founder and CEO of Stripe, which he started with his younger brother, John, in 2010.He won the 41st Young Scientist and Technology Exhibition in 2005 at the age of sixteen.