Three Irish entrepreneurs make Forbes' '30 under 30' list

Tuesday 07 January 2014 17.33
Patrick Collison and his brother John are names as two people "reinventing the world right now"
Patrick Collison and his brother John are names as two people "reinventing the world right now"

Three Irish entrepreneurs have been included in Forbes’ annual ‘30 under 30’ list, which highlights what its reporters believe to be the most interesting young people working across a number of fields.

Limerick-born entrepreneurs Patrick and John Collison are featured in the Technology category, with their work in building online payments company Stripe singled out for praise.

Forbes notes that the company has raised $50 million in funding and now processes billions of dollars worth of payments from around the world.

Patrick, 25, is a former winner of the BT Young Scientist of the Year Award who previously sold his Auctomatic start-up for $5 million.

He and John, 23, moved to the United States and co-founded Stripe in 2010, which has been backed by a number of big names including Peter Thiel and Elon Musk, two of the founders behind PayPal.

Meanwhile Monaghan-born Terry Cavanagh is listed as one of the 30 to watch in the area of gaming for the work of his company, Distractionware Ltd.

The 29-year-old, who is based in London, has produced a number of successful mobile games, including Super Hexagon and VVVVVV.