Brothers’ business is valued at €75m

Two Limerick brothers who became millionaires while still at school have seen their newest venture, Stripe, valued at €75 million.

Limerick-born entrepren- eurs Patrick and John Collison, 23 and 21 respectively, are the creators of Stripe, a simplified online payment system that allows retailers to accept payments without having to store customers’ credit card details or set up merchant bank facilities.

This allows retailers to avoid having to comply with anti-fraud and data protection requirements.