In the realm of online payments, several major players have emerged onto the market in recent years, in addition to longstanding stronghold PayPal. Stripe is one of those platforms. Brothers John and Patrick Collison started building Stripe in 2010, a company valued at $95 billion in May 2022.
Online sales and fundraising are essential for individuals and organizations today. But to do either requires a payment processor. The trouble for conservatives is that processors can refuse and have refused to work with them.
For Stripe's part, the company suspended Gab following the 2018 Tree of Life synagogue shooting in Pittsburgh, banned conservative video creator Lauren Southern for a social experiment and stopped working with FreeStartr (a free-speech alternative to Patreon) and MakerSupport.