Stripe was founded in 2010 by Patrick and John Collison, two 20-something Irish brothers who left before graduating from their respective colleges, Massachusetts Institute of Technology and Harvard University. Stripe quickly developed an enthusiastic following among Silicon Valley start-up software developers, who say Stripe’s tools make it easy to start an online account, add a small bit of code, and accept credit and debit cards on the web or inside a mobile app — bypassing lengthy agreements with banks and traditional payments providers.

http://www.theaustralian.com.au/business/technology/stripe-raises-150-million-to-fund-expansion/news-story/14cb25082f095913cae5c3a9487e6508