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Patrick Collison

Person

Patrick Collison is the co-founder and CEO of Stripe and a co-founder of the Arc Institute. He discussed Stripe's history, its expansion into stablecoins, and its philosophy on staying private.


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7/26/2025, 2:51:45 AM

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7/26/2025, 2:53:39 AM

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7/26/2025, 2:53:39 AM

Summary

Patrick Collison, born on September 9, 1988, is an Irish billionaire entrepreneur best known as the co-founder and CEO of Stripe, a leading fintech company he established with his brother John in 2010. Demonstrating early scientific aptitude, he won the 41st Young Scientist and Technology Exhibition at sixteen. Collison has also significantly contributed to philanthropic and scientific endeavors, co-founding Fast Grants in 2020 to support COVID-19 research and co-founding the Arc Institute in 2021, a nonprofit dedicated to curiosity-driven research aimed at tackling complex diseases. Through Stripe, he has overseen its growth to processing a significant portion of global GDP and its strategic expansion into financial services, including support for stablecoins and cross-border payments, while opting to keep the company private longer by leveraging private markets. He has also highlighted the development of Evo2, a large foundation model for biology, as part of the Arc Institute's work.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Name

    Patrick Collison

  • Parents

    Lily Collison (microbiologist), Denis Collison (electronic engineer)

  • Education

    Massachusetts Institute of Technology (did not complete degree)

  • Occupation

    Entrepreneur, CEO, Programmer

  • Nationality

    Irish

  • Date of Birth

    1988-09-09

  • Place of Birth

    Dromineer, County Tipperary, Ireland

  • Current Residence

    California, USA

  • Notable Achievement

    Won 41st Young Scientist and Technology Exhibition

Timeline
  • Born in Dromineer, County Tipperary, Ireland. (Source: Summary, Wikipedia, Wikidata, DBPedia, Web Search)

    1988-09-09

  • Won the 41st Young Scientist and Technology Exhibition at the age of sixteen. (Source: Summary, Wikipedia, DBPedia, Web Search)

    2005

  • Began studying Mathematics at the Massachusetts Institute of Technology (MIT), though he did not complete his degree. (Source: Wikidata, Web Search)

    2006

  • Co-founded Stripe with his younger brother, John Collison. (Source: Summary, Wikipedia, DBPedia, Web Search)

    2010

  • Co-founded Fast Grants with economist Tyler Cowen to accelerate COVID-19-related science. (Source: Summary, Wikipedia, DBPedia)

    2020

  • Co-founded Arc Institute, a nonprofit research organization, with bioscientists Silvana Konermann and Patrick Hsu. (Source: Summary, Wikipedia, Related Documents)

    2021

  • Stripe laid off approximately 14% of its workforce, with Patrick Collison publicly accepting blame for the situation. (Source: Web Search)

    2022-11

  • Appeared on the All-In Podcast with John Collison to discuss Stripe's growth, strategic expansion into financial services (including stablecoins and cross-border payments), and the Arc Institute's mission, including the development of Evo2. (Source: Summary, Related Documents)

    2024-03-01

Patrick Collison

Patrick Collison (born 9 September 1988) is an Irish entrepreneur. He is the co-founder and current CEO of Stripe, which he started with his younger brother, John, in 2010. He won the 41st Young Scientist and Technology Exhibition in 2005 at the age of sixteen. In 2020, he founded Fast Grants to accelerate COVID-19-related science with economist Tyler Cowen. In 2021, he co-founded Arc Institute, a nonprofit research organization, with bioscientists Silvana Konermann and Patrick Hsu.

Web Search Results
  • Patrick Collison - Wikipedia

    Patrick Collison (born 9 September 1988) is an Irish entrepreneur. He is the co-founder and current CEO of Stripe, which he started with his younger brother, John, in 2010. He won the 41st Young Scientist and Technology Exhibition in 2005 at the age of sixteen. In 2020, he founded Fast Grants to accelerate COVID-19-related science with economist Tyler Cowen. In 2021, he co-founded Arc Institute, a nonprofit research organization, with bioscientists Silvana Konermann and Patrick Hsu. [...] Early life ---------- [edit] Patrick Collison was born to microbiologist Lily and electronic engineer Denis Collison on 9 September 1988,( and he and his brothers were brought up in the small village of Dromineer in County Tipperary.( The eldest of three boys, he took his first computer course when he was eight years old, at the University of Limerick, and began learning computer programming at the age of ten.( [...] Wikimedia Commons Wikidata item Appearance move to sidebar hide From Wikipedia, the free encyclopedia Irish entrepreneur (born 1988)

  • Who is the CEO of Stripe? Patrick Collison's Bio - Clay

    ## Who is the CEO of Stripe? Patrick Collison, an Irish entrepreneur, is best known for co-founding Stripe with his brother John. Born in Dromineer, County Tipperary, Ireland, Patrick displayed an early interest in technology and programming. He attended Gaelscoil Aonach Urmhumhan and Castletroy College before participating in the Young Scientist and Technology Exhibition, where he won first place in 2005. [...] Clay logo, go to homepage Clay logo, go to homepage # Who is the CEO of Stripe? Patrick Collison’s Bio Total amount raised Latest funding date Location Title CEO LINKEDIN Patrick Collison is the co-founder and CEO of Stripe, a leading technology company that enables businesses to accept payments and manage their operations online. Born in Ireland, Patrick has played a pivotal role in Stripe's growth, transforming it into a global economic infrastructure provider for the internet. [...] ### Work History ### Education History Patrick Collison's educational background includes studying Mathematics at the prestigious Massachusetts Institute of Technology (MIT) from 2006 to 2010. However, he did not complete his degree, as he decided to pursue entrepreneurial opportunities during his time at MIT. Prior to attending MIT, Patrick attended Gaelscoil Aonach Urmhumhan and Castletroy College in Ireland, where he developed his passion for technology and programming.

  • Stripe's Founders: The Story of Collison Brothers - KITRUM

    In November 2022, the company laid off around 14% of its workforce, which affected over 1,100 employees. Yet, Stripe founder, Patrick Collison accepted the blame for the situation and publicly acknowledged the mistakes made by the company’s leadership. [...] Finally, if you’re an aspiring entrepreneur, take note of this valuable advice from Patrick Collison: This advice reflects the Collison brothers’ own experience of starting and growing their business from scratch. They’ve proven that with determination and a bit of luck, anyone can achieve great things. Who knows what their next project will be? One thing’s for sure – it’s bound to be fantastic. Evgenia Kuzmenko ## Why read about success stories when we can build yours? ## Related articles [...] Patrick and John Collison came to the USA from a small village in Ireland at a young age. Following their entrepreneurial dream, they founded Stripe in 2010. Their vision was simple: to create a payment platform that would make it easy for small businesses to accept payments from anywhere in the world. Spoiler: they succeeded beyond their wildest dreams.Stripe founding story is a tangible and powerful example of what can be achieved through the hard work and dedication. Shall we take a closer

  • About - Patrick Collison

    I currently live in California and work at Stripe. I grew up in Ireland and previously studied at MIT. Email: patrick@collison.ie.

  • Patrick Collison - Forbes

    ### How John And Patrick Collison Built Stripe Into The PayPal Of The Mobile Era ### Forbes Announces Top Entrepreneurs Issue ### LinkedIn's Reid Hoffman To Teach A Stanford Class On Rapid Scaling ### In Conversation: Stripe CEO Patrick Collison On The Limitless Potential Of Payments ### Stripe CEO: Global Payments Are Just Getting Started ### Does Stripe Have Product Managers Or Do Engineers Manage The Products Themselves? [...] # Patrick Collison ### Real Time Net Worth profile image for Patrick Collison ### Forbes Lists John Collison RJ Scaringe Massachusetts Institute of Technology Fred Wilson Charles Koch & family Hemant Taneja ### More on Forbes ### This Top VC Wants To Use Main Street America As An AI Lab ### Nvidia CEO Jensen Huang Gives Contrary Advice To CEOs On Firing People ### World’s Top Policies To Attract Innovative Immigrants [...] ### Data Privacy Vs. Data Security: Four Implications For Business Leaders ### Stripe Lays Off More Than 1,000 Workers, 14% Of Staff ### The Collison Brothers Built Stripe Into A $95 Billion Unicorn With Eye-Popping Financials. Inside Their Plan To Stay On Top ### Why Retool’s CEO Took A ‘Risky’ Fundraising Approach On The Way To A $1.9 Billion Valuation ### 10 Of The World's Youngest Billionaires ### John & Patrick Collison

Patrick Collison (born 9 September 1988) is an Irish billionaire entrepreneur. He is the co-founder and CEO of Stripe, which he started with his younger brother, John, in 2010. He won the 41st Young Scientist and Technology Exhibition in 2005 at the age of sixteen. In 2020, he founded Fast Grants to accelerate COVID-19-related science with Tyler Cowen.

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