Stripe Revenue and Growth Statistics (2023)
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Stripe Revenue and Growth Statistics (2023)

Brian Dean

by Brian Dean · Updated Aug. 23, 2023

How Many People Use Stripe?

Stripe launched in 2011 as payment processing software for online businesses.

Initially only available in the US, Stripe has expanded internationally and currently serves businesses based in 46 countries.

Following its public launch in September 2011, it took the startup less than 3 years to achieve a valuation of over $1 billion. And today, the company is valued at $94.4 billion.

Below you’ll find the latest available Stripe statistics:

Key Stripe Statistics

  • Stripe is currently valued at $94.4 billion (nearly 3x higher than its valuation in April 2020).
  • Currently, 3.1 million active websites use Stripe.
  • Stripe has raised a total of $2.2 billion in investments.
  • Elon Musk was among the early investors in Stripe during a seed round in 2011.
  • Stripe has 39 investors.
  • Stripe holds 48 patents.

How many websites accept payments via Stripe?

According to BuiltWith data, 3,124,751 live websites accept payments on their site using Stripe.

3,124,751 live websites are Stripe customers

The Stripe Checkout solution is used on 784,256 live websites.

According to Datanyze data, Stripe has a 15.49% market share in the payment processing category, when ranked by the number of websites using the software.

Source: CB Insights, Crunchbase, BuiltWith, Datanyze

Where is is Stripe available worldwide?

Stripe is available for businesses in 46 countries, including 5 with limited access (invite only).

Since 2019, Stripe has expanded to 20 new countries, including Denmark, Malaysia, Mexico, The Netherlands and Poland.

Stripe Atlas, a service for incorporating a company in the US (Delaware), is available in more than 140 countries.

Source: Stripe.

How much funding has Stripe raised?

According to CB Insights data, Stripe has raised a total of $2.2 billion across 21 funding rounds.

How much funding has Stripe raised?

During the last two years alone (2020 & 2021), Stripe has raised a total of $1.6 billion across 3 funding rounds.

We’ve prepared a table on Stripe funding since 2010:

Funding round, Date Amount
Seed, June 2010 $200 thousand
Seed VC, March 2011 $2 million
Series A, February 2012 $18 million
Series B, July 2012 $20 million
Series C, January 2014 $80 million
Series C – II, December 2014 $20 million
Series C – III, July 2015 $100 million
Series D, November 2016 $150 million
Line of Credit, November 2016 $250 million
Series Unknown, December 2016 $16 million
Series Unknown, March 2017 $5.05 million
Series Unknown, July 2017 $6.22 million
Series Unknown, March 2018 $38.65 million
Series F, September 2018 $245 million
Series F – II, January 2019 $100 million
Series G, August 2019 $250 million
Series G – II, April 2020 $600 million
Series H, March 2021 $600 million
Corporate Minority II – June 2021 $350 million

Sources: CB Insights, Crunchbase

How much is Stripe worth?

According to Forbes Magazine, Stripe is valued at $115 billion in “secondary market” transactions.

How much is Stripe worth?

Stripe’s valuation has increased by 54 times since 2014, the year when it joined the unicorn startups club with a valuation of $1.75 billion.

We’ve charted the growth of Stripe’s valuation since 2011:

Funding round, Date Valuation
Seed, March 2011 $20 million
Series A, February 2012 $100 million
Series B, July 2012 $500 million
Series C, January 2014 $1.75 billion
Series C – II, December 2014 $3.5 billion
Series C – III, July 2015 $5 billion
Series D, November 2016 $9.2 billion
Series E, September 2018 $19.8 billion
Series E – II, January 2019 $22.4 billion
Series G, September 2019 $35.25 billion
Series G – II, April 2020 $36 billion
Series H, March 2021 $94.4 billion

Sources: TechCrunch, Bloomberg, Crunchbase, CB Insights, CNBC

How much does Stripe process in payment volume?

As a private company, Stripe doesn’t share comprehensive data on internal metrics, including payment volume.

According to CB Insights estimates, payments made through Stripe totaled $350 billion as of 2020. An increase of 133% when compared with an estimated $150 billion in 2019.

How much does Stripe process in payment volume?

In fact, from 2015-2020, Stripe’s payment volume has experienced a compound annual growth rate of 104%.

And over the past 5 years, Stripe’s payment processing volume has seen a minimum 50% growth rate each year, with the highest rate of 150% coming in 2017.

Here’s the table with estimated Stripe processing volume growth since 2015:

Year Estimated payment volume
2015 $10 billion
2016 $20 billion
2017 $50 billion
2018 $100 billion
2019 $150 billion
2020 $350 billion

Source: CB Insights

How many payment methods does Stripe support?

Stripe supports a total of 32 payment methods.

Here’s the breakdown of the number of available payment methods supported by Stripe in each category:

Category Number of payment methods
Cards 8
Wallets 6
Bank debits 5
Bank redirects 9
Cash-based vouchers 2
Buy now, pay later 2

Source: Stripe

How does Stripe make money?

The Stripe business model is built on charging a commission per successful transaction. The standard rate that Stripe charges is is 2.9% of the transaction + 25 cents.

That said, custom pricing is available for enterprise clients.

Pricing for Stripe Radar (a fraud protection tool) is charged per screened transaction, with a standard fee of 5 to 7 cents.

To set up a new company via the Atlas product, Stripe charges a $500 setup fee along with ongoing costs to run the company, including a registered agent fee in Delaware ($100 per year) and various packages for corporate tax preparation. Packages start at $250, billed on a yearly basis.

Source: Stripe

Stripe revenue by year

Stripe doesn’t release official data on company revenue.

According to the Wall Street Journal, Stripe registered $7.4 billion in annual revenue in 2020. Stripe’s annual revenue grew by 393% in 2020 compared with $1.5 billion in 2018.

Stripe revenue by year

Here’s the table with Stripe revenue growth since 2014:

Financial year Revenue
2014 $40 million
2016 $450 million
2017 $1 billion
2018 $1.5 billion
2019 $2 billion
2020 $7.4 billion

Source: CB Insights, Wall Street Journal

Stripe investments

Stripe has participated in funding other companies as an investor, with rounds totaling a disclosed amount of $2.0 billion across 40 deals since 2017.

During 2021 alone, Stripe invested in 14 companies with a total funding amount of $1.1 billion Seven of which, including Fast, Balance, Safepay, TrueLayer, Wave, Ramp Financial, Step Mobile are directly related to payments. While others are for payroll-as-a-service (Check), bookkeeping (Pilot), product development (Codat), customer support (Assembled), talent recruitment (Manara) and customer collaboration platform (Accord).

Here’s a breakdown of Stripe’s investments since 2017:

NB: The funding amount indicates the total value of the rounds in which Stripe participated, not necessarily the individual investment from Stripe.
Year Funding amount, number of deals
2017 $93 million, 1 deal
2018 $133.57 million, 5 deals
2019 $363.6 million, 9 deals
2020 $295.27 million, 8 deals
2021* (as of October) $1.1 billion, 16 deals

Source: CB Insights

Stripe acquisitions

According to CB Insights data, Stripe has acquired a total of 11 companies since 2013.

Stripe’s latest acquisition (announced in May 2021) was Bouncer, a platform that provides verification and detects fraud in card-based online transactions. The terms of the transaction were not disclosed. Stripe’s Radar feature will incorporate Bouncer’s technology in an effort to reduce false positives.

Here’s the breakdown of Stripe acquisitions since 2013:

Acquired company Date
Kickoff March 2013
Runkit September 2016
RethinkDB October 2016
Indie Hackers April 2017
Payable July 2017
Index Systems March 2018
Touchtech Payments April 2019
Paystack October 2020
Tax Jar April 2021
Bouncer May 2021
Seachange June 2021

Sources: CB Insights, Fintech Futures

Stripe Climate Initiative

In October 2020, Stripe launched a carbon removal purchase tool within the Stripe ecosystem.

Stripe customers are able to set a percentage (between 0.1% and 5%)  of revenue to be used for Stripe Climate contributions. These contributions go towards a portfolio of carbon removal projects. The company reports that they don’t take fees on these contributions.

Initially available in the US, Stripe Climate started to become available globally in February 2021.

Stripe CEO Patrick Collison states more than 450 companies are using Stripe Climate. An increase of more than 200 companies since January 2020.

Stripe Climate purchased carbon removal from 6 new projects with help of 13 scientific advisors. The projects will receive a total of $2.75M from Stripe along with 2K+ Stripe Climate users in 37 countries.

Sources: Stripe, Twitter

Stripe Enterprise growth

Stripe has a dedicated business unit serving enterprise segment clients.

According to Stripe co-founder John Collison, the company has 40+ businesses among its customers, with more than $1 billion payment volume each.

The payment volume of Stripe enterprise clients is showing more than 2x increase year over year, according to company data.

Source: Twitter, Stripe

Who founded Stripe?

Stripe was founded in 2010 by brothers Patrick and John Collison.

As of March 2021, Business Insider estimates that the Collison brothers have a collective net worth of $23 billion. Their net worth has increased more than 11 times since early 2018 when they were each worth $1 billion.

The Collison brothers became millionaires in 2008 when both were under 20 years old, following the sale of their company Auctomatic for $5 million.

Source: Business Insider

How many companies have used Stripe Atlas?

According to the Stripe CEO, 20,000 companies have been incorporated using Stripe Atlas, generating over $3 billion in revenue. An increase from 10,000 companies back in November 2019.

Stripe Atlas charges $500 per setup. So we can assume Stripe has made $10 million from the startup incorporation business — and that’s just from initial fees.

Source: Stripe

How many people work at Stripe?

More than 4,000 employees work at Stripe across 14 offices. An increase of 166% from the 1500+ employees reported in mid 2019.

As of October 2021, Stripe is experiencing a hiring surge with 1,810 job openings across all locations and teams. Most job postings are for hire in the Engineering team, with 512 roles (28.29% share of all vacancies at the company) open across all locations.

The average salary of an employee at Stripe is $140,451. Based on H1B Salary Database findings, Stripe employees with foreign citizenship on an H1B visa in the US received a median salary of $125,215 (based on 150 records).

Source: Stripe, Comparably, H1B Salary Database


That’s all for my collection of Stripe stats for 2023. Online payments have quickly grown into one of the major players in the fintech industry, processing hundreds of billions of dollars annually.

Hopefully, you found these facts and figures interesting. As a private company, Stripe doesn’t disclose a lot of juicy data. But I did my best to collect what was out there.

Now I’m curious to hear from you:

Any comments? Or do you have any questions about the Stripe stats included here? Leave your thoughts in the comments section below.


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