What it Does: With PCI certification and SCA-ready payments, the company platform processes payments all over the world and is designed to let you adapt as the law changes. Additionally, one may fight fraud, create cards, set up recurring invoicing, or even integrate in-store payments with one’s online stack with the aid of Stripe’s comprehensive product suite.
Mission: To improve the internet's GDP.
Size and Presence: Stripe serves its clients all over the world, with a presence on all continents with more than 5,000 experts at the service.
Best Known For: Stripe put everything in one place that is needed to create websites and applications that collect payments and send payouts internationally. The products from Stripe enable payments for both online and offline merchants, subscription services, software platforms, marketplaces, and everything in between.
The Good Bits: Opportunity to work with lots of sharp-minded and smart people with immense career prospects.
The Not So Good Bits: Work-life balance is not good as it is a quickly growing company that is prone to high workloads.
Stripe's initial acquisition was Kickoff, a chat and task-management tool that allows users to talk and share work in real-time with their teams. Three years later, the business unveiled Stripe Atlas, a novel tool that makes it easier for business owners worldwide to incorporate a US business entity. Startups registered with Stripe Atlas, according to fintech, have already raised more than $2 billion in capital.
Asia was added to Stripe's service in 2017. The company announced its relationship with two of the biggest fintech companies in China, WeChat Pay and Alipay when it first opened in Hong Kong. A few new services were introduced by the company in 2018 including Stripe Issuing, which enables online platforms and businesses to issue their credit and debit cards, Radar 2.0, a set of advanced customization and management tools for fraud professionals within enterprise organisations, and Stripe Terminal, a point-of-sale solution for businesses to accept in-store payments.
Stripe thinks that opening doors and removing obstacles begins within our boundaries. The organization endeavours to increase the diversity of backgrounds represented at Stripe and to establish a secure, inviting environment where everyone may flourish. Beyond Stripes, the organization is committed to including candidates, community partners, and users. No matter what role is played, it is thought that inclusion will foster the innovation the company wants to see in every facet of work.
Even though Stripe has a sizable operation, the opportunity still dwarfs the organization. There is an incredible lot of work ahead of the workforce. In other words, one has a once-in-a-lifetime chance to make the world economy accessible to everyone while carrying out the most significant task of your professional life.
The recruitment process of Stripe includes an online application and rigorous interview sessions which span almost a month into which coding interview, behavioural interview, bug hunt and system design tests will be taken.
The average annual salary of a fresh graduate at Stripe is INR 14 lacs to 16 lacs per annum.
Major online payment provider Stripe is investing in sustainable technologies that seek to remove greenhouse emissions from the atmosphere and store them underground. The business claimed that by funding environmentally friendly initiatives that lower emissions elsewhere, it already fully offsets its greenhouse gas emissions.
According to news sources Stripe was accused of freezing payments of many of its clients.