February 5, 2018Blog Posts

U.S. fintech Stripe picks Dublin for new engineering hub

Reuters:

U.S. payments firm Stripe said on Monday it would place its first engineering center outside its home market in the Irish capital Dublin, attracted by the city’s growing technology workforce and global outlook. The company helps businesses, including food delivery service Deliveroo and ride-hailing firm Lyft Inc, to accept online payments and was valued at more than $9 billion in its latest funding round. Its co-founders are Irish and Dublin was already home to its European headquarters. CEO Patrick Collison and head of engineering David Singleton told Reuters the firm considered placing its first few dozen engineering jobs outside of the US in countries across Europe, but settled on Ireland because of its international approach and widening talent pool.

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