Stripe’s John Collison spoke to at the Web Summit about their plans to turn the business into a 1,000-person company.

It has been steadily adding a seasoned management team to prepare it for growth beyond the US.

In the past year, the company began maturing its management structure with the hiring of former Google X division executive Claire Johnson as its new head of operations.

The company also hired former Twitter executive Don O’Leary to spearhead the company’s European expansion from a base in Dublin’s Digital Hub and has been actively recruiting talented tech workers from all over Europe. The company has also hired Thrive Capital’s Will Gaybrick as its first CFO.

Stripe, started by John and his brother Patrick, was recently valued at $5bn after raising just under $100m from investors including card giant Visa.