Turner Novak · 15 October 2026

🎧🍌 Why Stripe’s 1st Employee Just Bought a Bank | Darragh Buckley, Increase

Turner Novak

Darragh Buckley, Stripe's first employee, built Increase to expose US banking infrastructure via API after facing friction points at Stripe—and recently acquired a bank to own the full stack. He discusses why modern banking resembles 2010 payments, the importance of direct Fed access, and how small teams can scale to $500B annual volume.

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Topics: Fintech · Banking & Capital Markets

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