Stripe - PayPal's New Competitor

11:28 pm

November 24, 2013

By Fletcher Martin

If you haven't already heard, there's a new name in the online and mobile payment game: Stripe. It was started by two brothers, John and Patrick Collison who have already started handling billions in transactions in just two years along with the help of three PayPal investors and Sequoia Capital investor extraordinaire Mike Moritz.

Moritz is famous for investing in tech icons like Google, Paypal and many others. He's praised the Collison brothers for their ingenuity, stating "John and Patrick are two of the sharpest characters that we've ever partnered with."

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