Online payments company Stripe expands to eastern Europe

Stripe, the €19.8bn-valued online payments company founded by Limerick brothers Patrick and John Collison, is set to expand into eight European countries, primarily on the eastern side of the continent.

The Silicon Valley-based company will be expanding into Poland, Estonia, Latvia, Lithuania, Slovakia, Greece, and Portugal, it said, with that move being driven from its Dublin office, which doubles as its international engineering hub. The company, which offers payment processing services for web and mobile transactions, said that today’s announcement is indicative of its “strong growth overall”.