Latest news with #Stipe
Irish Examiner
26-05-2025
- Business
- Irish Examiner
Collision brothers' Stripe to sponsor Young Scientist & Technology Exhibition
Stipe is the new sponsor of the Young Scientist & Technology Exhibition (YSTE), 20 years after Stripe co-founder Patrick Collison was a winner at the prestigious STEM exhibition. Stripe has signed a five-year agreement and assumes the role of title sponsor for YSTE from BT Ireland who, up until this year, was custodian, sponsor and organiser of the exhibition for the past 25 years. Founded by Patrick and John Collison in 2010, Stripe has grown into one the world's top companies for digital payments, and is valued at $91.5bn (€80bn), employing around 8,500 workers worldwide. "YSTE is a special institution for me and John. It amplified our curiosity and reinforced our confidence at a critical juncture. We're honoured that Stripe has been selected to help preserve it for generations to come," said Patrick Collison. The exhibition was founded by Dr Tony Scott and Rev Dr Tom Burke in 1965 and attracts more than 40,000 visitors annually, making it one of the biggest events of its kind both in Europe and worldwide. "Stripe's support ensures we can continue to inspire the next generation of scientists, technologists, engineers, and innovators. It's vital that we not only sustain the strong reputation and level of interest in the exhibition year-on-year, but continue to evolve and engage young inquiring minds in new and meaningful ways for years to come," said Dr Scott. The online entry system for the upcoming YSTE taking place from January 7-10, 2026 is already open.
South China Morning Post
20-02-2025
- Business
- South China Morning Post
Asian infrastructure bank raises US$549 million in Hong Kong dollar bond sale
Business Banking & Finance Published: 12:35pm, 20 Feb 2025 The three-year senior unsecured fixed-rate sustainable-development bonds pay an annual coupon of 3.847 per cent, and will settle locally in Hong Kong's Central Moneymarkets Unit (CMU), which tracks and manages Hong Kong-dollar debt securities and other financial products. The bonds attracted investors domestically and across Asia-Pacific, with the final order book reaching HK$9 billion with more than 25 orders, according to the bank's official statement. AIIB said that the issuance highlighted the opening of the Hong Kong dollar market and offered investors an opportunity to diversify their assets while supporting the bank's public market expansion. The bonds are the first Hong Kong dollar public bonds priced at a spread to the Hong Kong interbank offered rate – the interest rate at which banks in the city lend to one another – mid swap. They received orders of more than HK$10 billion at the peak, drawing diverse investors including central banks, bank treasuries, asset managers and local companies, according to Standard Chartered, joint lead manager on the deal. 'The depth and sophistication of the Hong Kong dollar market make it an attractive environment for issuers like AIIB,' said Darren Stipe, the bank's head of funding. By undertaking a public transaction settled in the CMU, the bank could reach a broader investor base while improving Hong Kong dollar liquidity, Stipe said, adding that the transaction drew 15 new investors.
