Stripe, a global leader in payment processing, has appointed Rahul Patil as its new Chief Technology Officer (CTO). Patil, who has been with Stripe for over four years and previously served as Deputy CTO, brings a wealth of technical expertise and a deep understanding of the company’s users. His leadership in advancing Stripe’s engineering capabilities has been instrumental in supporting the company’s growth, processing over $1 trillion annually with a reliability rate of more than 99.999%. Patil takes over as Stripe continues to expand its mission of enabling global innovation for entrepreneurs and businesses.
David Singleton, who served as CTO for seven years, announced his departure to pursue his startup ambitions. Singleton played a pivotal role in scaling Stripe’s engineering operations globally, overseeing a team that processes over 500 million API requests daily. He expressed confidence in the strength of Stripe’s engineering team, leaving the company well-prepared for continued growth and success.
