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Friday, April 23, 2021

Stripe to create 1,000 jobs in Ireland over the next five years

Stripe, the online payments firm founded by Irish brothers Patrick and John Collison, is to create at least 1,000 new jobs in Ireland over the next five years.

The announcement came as Stripe raised $600m in fresh funding that will be invested into its European operations, particularly in Dublin, as well as its global payments and treasury network.

The fundraising valued Stripe at $95bn, more than two and a half times what it was valued this time last year when it raised $600m at a valuation of $36bn.

“We’re investing a ton more in Europe this year, particularly in Ireland,” said John Collison, President and co-founder of Stripe.

“Ireland is now a leading tech capital of Europe, with great talent and companies emerging all the time, we’re keen to help cement that position”.

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