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Patrick Collison

Profile

Brothers in arms: How the Collisons went from great expectations to growing pains

Big things were expected of the Collison siblings on their early success with Stripe, but as the online payment company meets hurdles on its journey from start-up to big player, questions are being asked
  • Charlie Taylor
  • February 11, 2023
Companies

Stripe in talks over potential $2.5bn investment

Deal would value the payments provider at $55bn - $60bn, sharply down from the $95bn it was valued at two years ago
  • Charlie Taylor
  • January 31, 2023
Companies

Stripe clawed back pension contributions after staff cuts

Collison brothers’ ecommerce unicorn continues to cut value of shares in face of tech sector shrinkage
  • Lorcan Allen
  • January 14, 2023
Companies

Fortune of Stripe’s Collison brothers falls by $8bn in six months due to ‘tech wreck’

The tech founders’ fortunes were revised again last week after Stripe slashed the internal valuation of its shares for the third time since June
  • Charlie Taylor
  • January 13, 2023
Tech

Stripe to cut 14% of global workforce

Co-founder Patrick Collison said company had overhired “for the world we’re in”, and cited inflation, energy costs, and reduced investment budgets as reasons behind the decision
  • Cónal Thomas
  • November 3, 2022
Tech

Trouble and Stripe: The tech company that everybody loves is facing a backlash

The Collison brothers from Dromineer, Co Tipperary – worth $11.4 billion each – have seen their payments empire under fire from within and without, from its own disgruntled sales force and also from competitors
  • Charlie Taylorand
  • Emmet Ryan
  • June 18, 2022
Stripe

Collison brothers use annual event to push Shannon region

Shannon is ‘a story of the beneficial effects of globalisation and low barriers to trade,’ Patrick Collison says
  • Emmet Ryan
  • May 27, 2022
Companies

Revenue at Stripe exceeded €11 billion in 2021

The Irish-founded payments company is reportedly eyeing up the possibility of going public in the near future
  • Eva Short
  • May 26, 2022
fintech

Stripe’s valuation upgraded as firm looks to learn from Plaid ‘kerfuffle’

The Collison brothers’ fintech giant looks to make peace with partner and rival after recent fallout as backer reprices holdings
  • Charlie Taylor
  • May 8, 2022

Stripe processes more than €580bn in payments as Covid leads to 60% growth

Over 1,400 new companies joined up with the online payments company each day in 2021 new figures show
  • Charlie Taylor
  • April 8, 2022

Stripe secures Le Monde partnership

Payments technology business signed up to help publication gain international digital subscriptions
  • Emmet Ryan
  • April 7, 2022

Stripe signs five-year e-commerce agreement with Ford Motors

The move will see the carmarker’s financial services arm partner with the payments giant to scale its payment capabilities
  • Eva Short
  • January 17, 2022

Stripe to recruit hundreds of software engineers in Dublin

New hires will be in addition to the 1,000 jobs announced for Ireland earlier this year at the online payments company
  • Sarah Taaffe-Maguire
  • September 16, 2021

Stars of Stripe: The online payments company is set to float, but how will it go and what does it mean for the Collison brothers?

Patrick and John Collison once boasted they ‘could increase the GDP of the internet’. Now they stand on the cusp of an IPO which could value their company at up to $200 billion.
  • Barry J Whyte
  • July 18, 2021

TV review: A peek at how the elites weathered the pandemic

Ireland’s Rich List revealed that online payment moguls John and Patrick Collison are top of the heap, and that Dermot Desmond had a bumpy 2020
  • Emmanuel Kehoe
  • July 11, 2021

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