Currently ranked as the most valuable privately owned company in Silicon Valley, the online payments firm founded by Patrick and John Collison has received the accolade for “kick-starting the carbon-removal industry”, rather than for innovation in the financial services sector.
As of the end of 2021, more than 15,000 companies across 40 countries had joined the programme. Stripe Climate last year increased its carbon removal commitments to $15 million. In addition, two start-ups backed by online payments company – Ramp and Steps – are included in Fast Company’s list of most innovative companies list.
Stripe participated in a $300 million investment in Ramp last year, just months after co-leading a $115 million funding round for the start-up. The company has also taken part in two funding rounds for
Brilliant.