Stripe’s First Employee Quietly Buys Stake in a U.S. Bank to Advance Fintech Startup
Darragh Buckley, Stripe’s first hire and Increase CEO, acquires Twin City Bank stake to grow his fintech BaaS vision.
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Stripe’s First Employee Quietly Buys Stake in a U.S. Bank to Advance Fintech Startup Stripe’s First Employee Buys Stake in a Bank: What It Means for Fintech Darragh Buckley, the first-ever employee at Stripe and now the founder of the fintech startup Increase, has taken a major step that’s turning heads across the industry: he’s quietly acquired a significant stake in Twin City Bank. This move, which triggered mandatory disclosure from the Federal Reserve Board, has raised plenty of questions—and curiosity—about what it means for the future of banking-as-a-service. The focus keyword here is Stripe's first employee buys stake in a bank , and it's quickly becoming one of the most talked-about developments in financial technology. Is Buckley planning to transform Increase into a full-fledged bank? Or is this more about regulatory leverage and infrastructure access? Let’s break down the details and implications behind this calculated move. Image Credits:Getty Images Why Stripe’s First Employee Buys Stake in a Bank For years, fintech insiders have whispered about Darrag…