Losses posted by the Dublin-headquartered international operation of the US online payments giant Stripe are part of a strategy to use Ireland as an ever-growing central location to anchor its financial flows, jobs and profits, new company information shows. At $2.9 billion, the revenue consolidated by Stripe Payments International Holdings in Dublin’s docklands grew by 26 per cent in 2022. This is exactly the same pace as reported by the group’s Irish founders Patrick and John Collison for Stripe’s global business. As a privately-held American company, Stripe’s group parent does not disclose financial information, but the Collisons said it had…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.