Stripe’s co-founder, John Collison, has said that he is “bullish” about the financial tech prospects for both Ireland and the UK after Brexit, saying Ireland might benefit and that the UK has enough investment to remain a leading player. Asked about his view of prospects for the UK’s financial technology ecosystem, Mr Collison said he remains upbeat on the post-Brexit position there. On banking, Mr Collison said that Stripe had no ambitions. “We talked to users and lack of availability to capital was one of the biggest things that was holding back their business growth,” Mr Collison said. “But it's a little different on a market by market basis.”Asked about the company’s own financial plans, Mr Collison said that a flotation was not currently being prepared for.

Source: Irish Independent December 02, 2020 14:17 UTC