Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” So said Stripe co-founders Patrick Collison and John Collison Wednesday (April 24) during the opening keynote of the company’s annual user conference held in San Francisco. While they...
Stripe has reportedly reduced its internal valuation by 11%, the third cut since last year. The reduction represents an implied valuation of $63 billion for the payments company, The Information reported Tuesday (Jan. 11), citing a source familiar with the matter. The lowered valuation also...
May 22, 2024
Meta CEO Mark Zuckerberg has created a product advisory council to provide guidance on the company’s artificial intelligence (AI) and technology efforts. The new Meta Advisory Group will meet periodically with Meta’s management team, Bloomberg reported Wednesday (May 22). The group will be composed of four executives: Patrick Collison, CEO and co-founder of Stripe; Nat Friedman, former CEO of GitHub; Tobi Lütke, CEO of Shopify; and Charlie […]
April 24, 2024
Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” So said Stripe co-founders Patrick Collison and John Collison Wednesday (April 24) during...
January 12, 2023
Stripe has reportedly reduced its internal valuation by 11%, the third cut since last year. The reduction represents an implied valuation of $63 billion for the payments company, The Information...
