Stripe’s founder toolkit can now issue stock with just a few clicks

October 31, 2017

Stripe is best known for providing payments infrastructure that allows startups to quickly get their checkouts up and running. But the company thinks about its mission more broadly: helping startups officially open for business, with all the minutia and legal paperwork that entails. Today Stripe took another step toward its long-term vision by making it possible for founding teams to issue stock through Stripe Atlas, an incorporation toolkit.

“Issuing stock is often a vital part of starting a company and tricky to get right,” Alex Kehayias, the company’s engineering manager, wrote in a blog post.

It’s also expensive, typically requiring a hefty legal fee. Founding teams that use Stripe Atlas will pay just $500, a one-time fee that covers both stock issuance and a variety of other incorporation functions, like opening a bank account and creating a tax ID.

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