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Irish brothers lead way as tech firm spreads its wings

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Patrick Collison

Patrick Collison

Patrick Collison

THE IDA has done a great job of attracting technology firms to set up shop here, but we don't often hear of Irish firms finding success overseas. One of the exceptions, of course, is Stripe. The payments firm set up by Limerick natives Patrick (pictured) and John Collison has been a huge success since the brothers began operations in Silicon Valley – and now the business is coming to Europe.

Stripe launched in the UK yesterday, and while it is still early days, it is expected to come to Ireland in the not-too-distant future.

In a blog post, the company said it had "worked hard" to maintain its level of service in the UK compared with the US and Canada.

"In addition to keeping the best parts of the UK business, we've also built multi-currency support: the ability for UK businesses to charge customers around the world in US dollars, British pounds, and euro. We'll automatically handle all the conversions for you and deposit daily into your bank account," the company said.

Stripe has begun hiring for its London base and is looking mainly for software engin-eers and sales staff. With a bit of luck the IDA might be able to bring some of those jobs to Ireland eventually.

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