Nothing with the story, but the incorrect reference to 'Strip' came from the ChatGPT-generated answer Quora provides if you click on the question on their site.

Nothing with the story, but the incorrect reference to 'Strip' came from the ChatGPT-generated answer Quora provides if you click on the question on their site. Which they seem to favor over an answer from the person who literally helped come up with the name... The AI generated answer in full (which the article apparently linked to when the first OP here responded): Stripe, the company that provides a suite of payment APIs and tools, was founded in 2010 by brothers Patrick and John Collison. The company's name is said to have been inspired by the word "strip," a reference to the simplicity and elegance of the company's platform, which "strips away" the complexity of traditional payment systems. Additionally, the company's logo features a stylized blue and white stripe, which also contributes to the name.