Founded : 2010

The Irish-American financial services and software-as-a-service ( SaaS ) company , launched in 2010 by brothers Patrick and and John Collison , has revolutionised the ecommerce payment space , providing online retailers with a payment gateway that enables a wide range of transactions to be processed at low cost , and with frictionless speed and efficiency .

Patrick Collison was just 16 when he was awarded Young Scientist of the Year in 2005 – and just 21 when he launched Stripe from his bedroom at his family home in Ireland with the support of his brother , John . Today , Stripe is dual-headquartered in San Francisco . It offers payment processing software and application programming interfaces for ecommerce websites and mobile applications . Stripe currently has a valuation of US $ 95bn and is a globally recognised company that looks set to make its IPO this year – though this news is yet to be officially confirmed .

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