Stripe CTO David Singleton to step down after seven years to start own company
David Singleton, chief technology officer (CTO) at US fintech titan Stripe, has announced he is set to end his seven-year tenure at the firm to “try something new” and start his own company.
Outgoing Stripe CTO David Singleton (Image: LinkedIn)
Announcing his decision on LinkedIn, Singleton recalls reaching out to Stripe’s content strategist, Patrick Collison, and corporate officer, Claire Hughes Johnson, back in 2017 “not about the possibility of joining Stripe, but rather to ask for advice about a company I was planning to start then.
“While they gave me some great advice about my ideas, I came away *most* excited about joining Stripe’s mission and decided to come onboard. Now, it’s time for me to pick up my start-up dreams again and start something new on my own.”
The outgoing CTO praised his engineering team’s “tremendous strength”, highlighting the company’s ability to handle over $1 trillion in transactions annually.
Singleton is passing the CTO reins to Rahul Patil, who has been with Stripe for four years and has been serving as deputy CTO since January.
Patil has gained a wealth of experience from industry giants like AWS and Microsoft, and before joining Stripe, he was SVP at Oracle Cloud Infrastructure, where he oversaw product management, engineering, and business operations for core products.
Singleton, while keeping the details of his “new adventure” under wraps for now, concludes his announcement by affirming that he’ll continue “working with Rahul and the team until October to support this transition”.
