Stripe CTO Singleton resigns

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Singleton confirmed the move LinkedInand revealed that he is starting his own company after nearly seven years at the payments giant.

He writes: “When I first reached out to Patrick Collison and Claire Hughes Johnson in 2017, it wasn’t about the possibility of joining Stripe, but rather for advice about a company I was looking to start at the time.”

“While they gave me some great advice about my ideas, I was most excited about joining Stripe’s mission and decided to get involved. Now it’s time for me to revisit my startup dreams and start something new myself.” “

Singleton will remain at Stripe until October and support the transition to Patil, who has been at Stripe for four years and will become deputy CTO in January. Before Stripe, he worked at Oracle, AWS and Microsoft.

“He brings business acumen, technical expertise and a deep understanding of our users and has driven tremendous advances in technical excellence,” says Singleton.

As for his future endeavors, Singleton — who spent more than a decade at Google before joining Stripe — remains tight-lipped.