Mark Carney joins Stripe’s board of directors

By Pavithra R

Stripe, a provider of economic infrastructure for the internet, has welcomed Mark Carney, the former Governor of the Bank of England and the Bank of Canada, to its board of directors.

“The very nature of commerce has changed over the past decade. Stripe has been at the forefront of enabling this new digital economy, providing innovative and resilient global payment solutions to businesses large and small. In the process, Stripe has been breaking down barriers to global trade and accelerating economic output. I look forward to supporting Stripe over the coming years as they build the global infrastructure that enables the internet to become the engine for strong and inclusive economic growth,” said Mark Carney.

Regulated in multiple jurisdictions and partnering with several dozen financial institutions around the world, Stripe will benefit from Mark Carney’s extensive experience of global financial systems and governance. The firm, as it rolls out its Climate efforts globally, will receive guidance from one of the world’s leading experts in sustainable finance. As the UN Special Envoy for Climate Action, Mark has galvanized climate action and private finance ahead of the forthcoming COP26 conference in Glasgow.

“As Stripe enters its second decade, Mark’s unparalleled experience of the highest levels of financial services and central banking will be of enormous benefit as we work to grow the GDP of the internet. From his desire to see faster settlement systems to his commitment to climate change mitigation, Mark’s values align with ours. We’re delighted he’s joining our Board of Directors,” said John Collison, co-founder and President of Stripe. 

Mark is joined on the Stripe board of directors by Christa Davies, Diane Greene, Jonathan Chadwick and Sir Michael Moritz, as well as Stripe’s co-founders Patrick and John Collison.

Founded in 2010, Stripe is a technology company that builds economic infrastructure for the internet. Its customer base includes Wayfair, Peloton, Zoom, Instacart, Shopify, Slack, Instacart, Twilio, Westfield, Just Eat, to name a few. The company serves businesses in over 40 countries to power hundreds of billions of euros of payments from customers in over 140 countries and territories around the world.