. this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . february 2016 learn how and when to remove this template message stripe founded september 2011 area served united states canada ireland uk australia austria belgium denmark germany finland france italy mexico norway spain sweden switzerland netherlands luxembourg founder s patrick collison john collison ceo patrick collison industry payment processor employees 410 march 2016 1 website stripe.com current status active stripe is an american technology company 2 operating in over 25 countries that allows both private individuals and businesses to accept payments over the internet . stripe focuses on providing the technical fraud prevention and banking infrastructure required to operate online payment systems . 3 contents 1 payment logistics 2 history 3 see also 4 references 5 external links payment logistics edit using stripe web developers can integrate payment processing into their websites without having to register and maintain a merchant account . 4 stripe has a seven day waiting period for initial transactions during which time it profiles the businesses involved to protect against potential fraud . stripe then transfers the funds directly into the bank account linked to the payee . 5 history edit irish entrepreneurs john and patrick collison founded stripe in 2010 . 5 stripe began as a startup called dev payments . the name resulted in misspellings and confusion to those outside the company so the company renamed itself stripe . 6 in june 2010 stripe received seed funding from y combinator a startup accelerator . 1 in may 2011 stripe received a 2 million investment from venture capitalists peter thiel sequoia capital and andreessen horowitz . 7 in february 2012 stripe received an 18 million series a investment led by sequoia capital at a 100 million valuation . 8 stripe launched publicly in september 2011 after an extensive private beta . 9 less than a year after its public launch stripe received a 20 million series b investment from general catalyst sequoia capital peter thiel redpoint ventures chris dixon and aaron levie . 10 in march 2013 stripe acquired chat and task management application kickoff . 11 in march 2014 ceo patrick collison announced that stripe would support bitcoin transactions . 12 in january 2015 stripe introduced a machine learning based fraud detection system . 13 see also edit electronic commerce payment gateway payment service provider subscription business model references edit a b stripe press resources . inside stripe the paypal competitor backed by paypal founders peter thiel elon musk . stripe . cnbc . carr austin february 1 2012 . inside stripe the paypal competitor backed by paypal founders peter thiel elon musk . fastcompany . retrieved april 2 2014 . a b the collison brothers and story behind the founding of stripe . startup grind . february 9 2012 . retrieved april 2 2014 . brockman greg april 2 2014 . how did stripe come up with its name . forbes . retrieved april 2 2014 . arrington michael march 28 2011 . stealth payment startup stripe backed by paypal founders . techcrunch . retrieved february 14 2014 . mitroff sarah february 9 2012 . stripe attracts 18m in funding at 100m valuation . venturebeat . retrieved february 14 2014 . stripe instant payment processing for developers . hacker news . september 29 2011 . retrieved february 14 2014 . tsotsis alexia july 9 2012 . sexy payments startup stripe swipes 20m from general catalyst sequoia thiel and more . techcrunch . retrieved february 14 2014 . rao leena . payments company stripe makes first acquisition buys team task management and collaboration app kickoff . techcrunch . retrieved 16 january 2014 . del rey jason march 27 2014 . stripe merchants will soon be able to accept bitcoin payments . recode . retrieved april 2 2014 . reader ruth january 14 2015 . stripe invites merchants to help improve its machine learning fraud detection system . recode . retrieved june 19 2016 . external links edit official website v t e payment service providers align commerce billdesk braintree chase paymentech citrus pay clinkle cng processing a s dwolla flattr instamojo klarna netbanx neteller ogone onevu oxigen services passport paydirect payoneer paypal paypoint paysafe group paytm payzone poli payments propay qiwi red dot payment skrill sleekpay square stripe timesofmoney versapay vmoney vpay wepay wirecard worldnet tps worldpay xfers xoom yandex.money yapstone category list v t e y combinator companies 7 cups of tea 80 000 hours 9gag airbnb algolia buttercoin canopy labs cleartax codecademy cofactor genomics coinbase creative market cymmetria disqus dropbox easypost fullstack academy futureadvisor gigster gocardless goldbely gusto heroku hipmunk homejoy icracked instacart justin.tv kickback lendup loopt lumi meadow newsblur octopart omgpop one month optimizely ownlocal pebble podium.co product hunt quartzy reddit renthop scribd smartasset songkick standard treasury streak strikingly stripe survata swiftype true link upverter urx voat watsi webflow weebly wepay workflowy wufoo xobni zenefits zerocater category full list retrieved from https en.wikipedia.org w index.php title stripe company & oldid 741944779 categories web applicationsbusiness softwarepayment service providersmerchant servicesonline paymentsy combinator companieshidden categories articles with a promotional tone from february 2016all articles with a promotional toneofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout 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