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Stripe's valuation rises to new high of $106.7 billion

Stripe's valuation has climbed to $106.7 billion, according to a person with direct knowledge of the matter, Bloomberg has reported, passing the digital-payments firm's previous peak of $95 billion in 2021.

Business • 24 Sep

Revenues at Stripe Dublin unit soar by 34% to $5 billion

Revenues at a Dublin based unit of the Collison brothers-led Stripe last year soared by 34% to a record $5.12 billion (€4.32 billion).

Business • 18 Sep

Students preparing for the Young Scientist and Technology Exhibition

Stripe plans to evolve the YSTE for the next generation

Stripe is committed to preserving the "proven formula" of the Young Scientist & Technology Exhibition, but will also "evolve the exhibition for the next generation".

Business • 03 Sep

Stripe co-founder Patrick Collison is a former Young Scientist winner and his brother John won a category award at the exhibition

Stripe announced as new sponsor of Young Scientist

Financial services company Stripe has been announced as the new title sponsor of the Young Scientist & Technology Exhibition.

Ireland • 26 May

At its peak, Stripe was valued at $95 billion in 2021

Stripe valued at $91.5 billion in latest tender offer

Stripe has announced a tender offer for employees and shareholders that valued the company at $91.5 billion, nearly 41% higher than its valuation a year ago, potentially delaying the fintech firm's ambitions of going public.

Business • 27 Feb

The impact on its Irish operation is thought to be minimal with a small number of roles at risk

Payment platform Stripe to cut 300 jobs globally

The Irish-founded payments platform Stripe is to lay off 300 employees, around 3.5% of its global workforce.

Business • 22 Jan

Payment platform Stripe to cut 300 jobs globally

The Irish-founded payments platform Stripe is to lay off 300 employees, around 3.5% of its global workforce.

Business • 21 Jan

Revolut, as well as Stripe and Square, have launched new 'tap to pay' services for Irish businesses

New 'tap to pay' services launched for Irish businesses

New 'Tap to Pay on iPhone' services for Irish businesses have been announced by fintechs Stripe, Revolut and Square.

Business • 29 Oct 24

Stripe said it will advance AI at the company and help improve fraud detection for its customers.

Stripe deepens collaboration with NVIDIA

Irish-founded payments platform Stripe has announced a new collaboration with artificial intelligence (AI) chip maker NVIDIA.

Business • 09 Oct 24

Tech companies warn over EU AI regulation

Tech companies and business leaders including Meta, Stripe's Patrick Collison, Spotify, SAP and Ericsson have issued an open letter warning that Europe is at risk of falling behind in the artificial intelligence (AI) era due to what they describe as fragmented regulations.

Business • 19 Sep 24

Sequoia is offering to buy Stripe shares at $27.51, reports say

Stripe's valuation hits $70 billion in Sequoia deal

Irish-founded payments platform Stripe's valuation has edged up to $70 billion as Sequoia Capital offers to buy shares from its investors looking to cash out of the fintech that helps merchants process customer payments.

Business • 16 Jul 24

Under the deal, Stripe will become the primary payments partner globally for Accor.

Irish-founded Stripe partners with hotel giant Accor

Irish-founded payments firm Stripe has announced a partnership with Accor, one of the worlds largest hospitality companies comprising more than 40 hotel brands in 5,600 locations across more than 110 countries.

Business • 11 Jun 24

The deal will see Stripe becoming the primary payments infrastructure for URBN

Irish-founded Stripe partners with Urban Outfitters

Irish-founded payments firm Stripe has announced a partnership with URBN, the parent company of Urban Outfitters, Anthropologie Group, Free People, and FP Movement.

Business • 16 Apr 24

At its peak in 2021, Stripe was valued at $95 billion

Fintech giant Stripe raises nearly $694m in funds

Stripe, which was valued at $65 billion in February, has raised $694.2 million via a stock sale, the fintech giant said in a regulatory filing with the US SEC.

Business • 12 Apr 24

Stripe was valued at $50 billion in its last funding round in 2023 where it raised $6.5 billion

Stripe valuation hits $65bn in share-sale deal - report

The valuation of Irish-founded payments platform Stripe surged to $65 billion in a deal that will allow some of its employees to cash out their stock in the company, the Wall Street Journal reported today, citing people familiar with the matter.

Business • 28 Feb 24

John and Patrick Collison, the founders of Stripe.

$18.6bn processed via stripe over Black Friday weekend

Irish-founded payments platform Stripe processed more than $18.6 billion in payment transactions between Black Friday and Cyber Monday.

Business • 29 Nov 23

Stripe Payments International Holdings Ltd is the holding company for Stripe sales in the European Middle East and Africa (EMEA) region and the Asia Pacific (APAC) region

Revenues at Stripe's EMEA, Asia Pacific business up 26%

A Dublin based unit of the Collison brothers-led Stripe last year clocked up average weekly revenues of $54.86m.

Business • 28 Sep 23

Patrick and John Collison, who founded Stripe in 2010

Profits and revenues surge at Stripe's UK arm

Pre-tax profits at the UK arm of the Collison brothers' Stripe online payments business last year increased more than five fold to £14.56m (€16.76m).

Business • 27 Sep 23

Irish businesses have processed over €20bn on Stripe

Irish-founded payments platform Stripe is marking its tenth anniversary of working with Irish businesses with the release of new data on Ireland's internet economy.

Business • 17 Sep 23

The growth of transactions processed by Stripe slowed during 2022, according to the company's figures

Stripe processed more than $817bn in payments last year

Irish-founded payments platform Stripe has said it processed more than $817 billion in 2022.

Business • 05 Apr 23

Stripe raises $6.5 billion at $50 billion valuation

The payments company Stripe, which was founded by Irish brothers Patrick and John Collison, has raised an additional $6.5 billion in funding.

Business • 15 Mar 23

Stripe and Intercom are both working with GPT-4 in their products and services

Irish companies working with new version of ChatGPT

Irish founded tech companies Stripe and Intercom have both announced details of how they are using the latest version of ChatGPT in their products and services.

Business • 15 Mar 23

Stripe was founded in 2010 by Limerick brothers Patrick and John Collison

Stripe hires Goldman, JP Morgan to explore IPO: sources

Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing and alternatives to allow employees to cash out stakes in the private company, two sources familiar with the matter told Reuters.

Business • 27 Jan 23

Customers will be offered new payment methods including Apple Pay and Google Pay, as well as local currency options in multiple markets

Smyths Toys and Stripe announce payments deal

Smyths Toys Superstores has announced that it will use Stripe for online payments in Ireland, the UK and Europe.

Business • 15 Dec 22

IDA Ireland says recent tech job losses 'regrettable'

IDA Ireland said today that it continues to monitor the situation in the global technology sector and is actively engaged with its technology client base here.

Business • 11 Nov 22