They may not know it, but anyone who has backed a company on Kickstarter or taken a Lyft is engaging with Stripe.
The company provides the online payments backbone for Twitter, Kickstarter, Shopify, Salesforce, Lyft and more than 100,000 other companies. The company’s co-founder, John Collison, was interviewed earlier this month by Axios Chief Technology Correspondent Ina Fried at the 2017 GeekWire Summit about the progress Stripe has made in just a few short years.
The company was in 2009 and based in San Francisco, and it is expanding rapidly in Seattle. Collison said the company has plans to grow to about 100 people by next year in the city.
Stripe is shaping up to be like the Amazon Web Services of mobile payments. The company represents an indispensable part of an array of consumer-facing services that operates behind the scenes. And it is heading in a similar direction, starting off with basic services and expanding into other areas, like how AWS started off with storage and now offers dozens of computing services to its customers.
In Stripe’s case, it is adding business services like fraud detection, analytics tools, and even helping people incorporate a business starting from scratch.
Watch the full interview with Collison from the GeekWire Summit above.