Stripe

Ireland
Payment Processing

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

Stripe, a payment processing company, has cut off services to the Trump campaign and Gab.com, as well as many other former users based on a broad set of terms and conditions. Stripe does not provide viewpoint protections for its employees. The co-founders waived $1 million in fees from racial justice organizations, including some funds used to bail out protesters from the Black Lives Matter protests. Stripe also donated directly to the American Civil Liberties Union (ACLU) to fight former President Trump's travel ban on predominantly Muslim countries. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Stripe receives a High Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Stripe ended its relationship with the Trump campaign following January 6, 2021 (1). Stripe also cut ties with Gab.com, however this occurred after a user on that platform attacked a synagogue (2). Stripe canceled the account of American Family Association, a Christian nonprofit (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
N/A
Rationale

Stripe does not publish charitable giving guidelines (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Stripe does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

CEO Patrick Collison is a member of the Business Roundtable, but has not supported ideological initiatives (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Stripe’s co-founders both made large donations to the ACLU in response to former President Trump’s travel ban from certain countries (1)(2)(3). It is unclear if any corporate funds were used, however. Stripe did waive fees in 2020 for racial justice organizations, including some funds used to bail out protesters from the Black Lives Matter protests (4). Stripe also donated a total $500,000 to organizations focusing on police reform (5)(6). The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race (7)(8).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Stripe has not used its political contributions for ideological purposes (1)(2).

All links were last accessed and all information was updated on:
March 14, 2024

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