Business Technology

Monday 24 April 2017

Irish billionaire behind start up Stripe drives ACLU donation frenzy with $50,000 of his own

Top Stripe's Patrick and John Collison
Top Stripe's Patrick and John Collison
Louise Kelly

Louise Kelly

One of the Collison brothers behind Irish start-up Stripe has inspired a number of other wealthy patrons in his generous pledge to the American Civil Liberties Union (ACLU).

Donations into the ACLU - a non-profit organisation that fights for the rights of people in America - were called for following Donald Trump's executive order banning people from Muslim-majority nations from entering the US.

A lawsuit filed by the union on Friday night successfully halted the deportations of people from seven countries who had been detained at US airports following the order.

Over the weekend, according to The Washington Post, the civil liberties group received over $24m in online donations - exceeding average annual donations by six times.

Co-founder of Stripe, Patrick Collison, bemoaned the fact that he did not do what his brother had done back in December when John Collison made a large donation saying that "they're going to matter".

But when he promised to match a total of $50,000 worth of online donations - asking followers to send snapshots of the online receipts - the public act sparked a domino effect among others in a position to do the same.

Co founder and CEO of Xamarin Nat Friedman soon jumped onboard saying that he will also match the donations by giving $50,000.

While the donation tally soared, entrepreneur Izhar Armony and Mike Vernal of Sequoia made similar pledges, so that the total soon reached around $220,000, as recorded by Friedman.

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