Cybersecurity

Globalization Helped Make Stripe a $23 Billion Company. Here’s What Comes Next

The chief of the world’s most valuable payments startup confronts an increasingly fractured world economy.

Stripe's Co-Founders on Competition, Startups Serving Big Companies
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In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce.

Now, based on the events of the last couple years, no one holds “so Panglossian a view,” said the 30-year-old chief executive officer. “There are more headwinds to global economic integration than there were any time in the past 20 years,” Collison said. “That’s going to make global expansion more difficult for businesses in general.”