Stripe to create over 1,000 jobs in Ireland after $600 million investment

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The company is now valued at $95 million.

Patrick Collison Image: David Jensen Patrick Collison Image: David Jensen ONLINE PAYMENTS FIRM Stripe founded by Irish brothers Patrick and John Collison is to create more than 1,000 jobs in Ireland over the next five years.

Among those who have contributed to the funding round are the Ireland Strategic Investment Fund managed by the National Treasury Management Agency , which will invest $50m. “Stripe is already embedded in the infrastructure behind the largest secular trend of our time – the acceleration of digitisation and the growth of internet commerce.”

“This is fantastic news on the jobs front and the start of a really welcome partnership between the Irish state and Stripe,” said Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar.

 

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Yet again, capitalists creating employment while the lefties whinge their life away

Well done to all concerned, the usual haters will be out in force

Muinchille I think Stripe might be valued at $95 billion, a bit more than the $95 million mentioned in the article...

600 million Irish taxpayer investment. We are basically paying Stripe to import foreign workers into Ireland.

The Journal really needs to check their byline ...

How many of these jobs will go to Irish people?

Will any journalist bother to ask what % of those jobs will be given to Irish people? as opposed to foreign tech workers...

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Irish-American company Stripe to create 1,000 jobs in Ireland | JOE.ieIt comes as the firm raised €500 million in funding which it will use to invest in its European operations, including its Dublin headquarters. If it happens.🤔
Source: JOEdotie - 🏆 31. / 51 Read more »