Patrick Collison
Patrick Collison is the co-founder and CEO of Stripe, a financial services and software company he started with his brother John in 2010. Under his leadership, Stripe has become a cornerstone of online payment processing, handling billions of dollars in transactions annually for millions of businesses worldwide. He has been instrumental in expanding Stripe's offerings beyond payment processing to include a comprehensive suite of financial tools and services, aiming to "increase the GDP of the internet." Patrick Collison won the Young Scientist and Technology Exhibition in 2005 at age sixteen for creating a LISP-type programming language. In 2008, he co-founded Auctomatic, which was acquired for several million dollars, making him a millionaire by age 19. In 2010, he co-founded Stripe with his brother John, revolutionizing online payment processing. Under his leadership, Stripe became the world's most valuable private fintech company in 2021 with a $95 billion valuation. Collison also co-founded Fast Grants in 2020 to accelerate COVID-19 related science and Arc Institute in 2021 for nonprofit biomedical research. His work continues to drive innovation and economic growth on the internet.
Career Milestones
- Won the Young Scientist and Technology Exhibition in 2005 at age sixteen for creating a LISP-type programming language.
- Co-founded Auctomatic in 2008, which was acquired for several million dollars.
- Co-founded Stripe in 2010, serving as CEO and expanding it into a leading fintech company.
- Led Stripe to become the world's most valuable private fintech company in 2021 with a $95 billion valuation.
- Co-founded Fast Grants in 2020 and Arc Institute in 2021 to support scientific research and innovation.
About Stripe
Stripe, founded in 2010, is a fintech company providing payment processing software and APIs. They help businesses of all sizes, from startups to enterprises, accept online payments and manage financial operations. Core features include global payment processing, subscription billing, fraud prevention, and developer-friendly tools. Benefits include simplified transactions, enhanced security, and scalability.