Stripe Statistics (2024): Revenue, Market Share & Growth Rate

Highlights. 1.60 million active websites globally use Stripe, with an average of 1,000 companies joining Stripe each day.

In 2023, Stripe processed a global payment volume of over $1 trillion.
As of December 2024, Stripe is valued at $65 billion.
In 2023, Stripe had an estimated net revenue of $3.8 billion.
Stripe holds a 17.2% market share in payment processing software.
Stripe has raised a lifetime total of $9.4 billion in investments.

Bar Graph: Payment Processors by Number of Websites Globally including Stripe (1.32 million live websites) according to BuiltWith.com

Stripe User Statistics

Stripe is used by businesses in 46 countries and supports over 135 currencies and 100 payment methods, including card, bank transfer, digital wallet, and buy now, pay later.

1.597 million active websites globally used Stripe as of December 2024.
4.72 million websites globally have historically used Stripe as of December 2024.
750,090 active websites in the U.S. used Stripe in December 2024, or 47.0% of all active websites using Stripe.
1 in 10 people worldwide transacted with a business using Stripe in 2022.
In 2022, 75% of the largest software companies in America used Stripe.

10 Major Companies Using Stripe
Ranking	Company	2023 Revenue (in billions)
1	Walmart	$648.1
2	Amazon	$574.8
3	Apple	$385.7
4	Samsung	$196.8
5	Walgreens	$142.4
6	AliExpress	$126.5
7	Target	$107.4
8	Wayfair	$12.00
9	Chewy	$11.16
10	Etsy	$2.74

Stripe User Growth Statistics

Stripe is one of the fastest-growing online payment processors.

More than 100 companies process over $1 billion per year on Stripe as of 2023.
From 2018 to 2022, the number of companies handling $1 billion or more through Stripe grew more than 50% each year.
In 2023, Stripe added capabilities for over 50 new payment methods worldwide, including Cash App Pay.
In 2022, over 1,000 new companies joined Stripe every day, an increase of 19% over the previous year.
55% of the businesses that joined Stripe in 2022 were based outside of the United States.
60% of the technology companies that went public in 2021 were Stripe customers.
Over the course of 2021, over 100 businesses per day passed $1 million in sales using Stripe.
In 2021, the number of Stripe customers based in Latin America grew by 518%; the number of APAC Stripe customers grew by 106%.

Bar Graph: Stripe Global Payment Volume from 2015 ($10 billion) to 2023 ($1 trillion) according to CB Insights and Stripe

Stripe Payment Volume Statistics

Stripe’s global payment volume growth peaked during the pandemic but continues to grow.

Stripe processed over $1 trillion in payments in 2023, up 25% from 2022.
In 2022, Stripe processed a global payment volume of $817 billion, an increase of 26% from 2021.
From 2019 to 2022, Stripe’s global payment volume grew by 444%.
Stripe’s largest yearly increase in payment volume was in 2020, during the onset of the COVID-19 pandemic, when it jumped by 167% from $150 billion to $400 billion.
Businesses using Stripe account for approximately 1% of global GDP.
Globally, over 100 of Stripe’s customers use the platform to process more than $1 billion a year.
Stripe services handle over 500 million API requests every day.

Bar Graph: Stripe Valuation from 2018 ($20 billion) to 2024 ($65 billion) according to Sacra, CNBC, and Crunchbase

Stripe Valuation Statistics

Stripe’s valuation peaked in 2021, and has since dipped along with many other tech companies.

In December 2024, Stripe was valued at $65 billion, making it the 7th most valuable privately held company in the world.
In 2021, Stripe was valued at $95 billion, 46.2% higher than its 2023 valuation.
Stripe internally cut its 2021 valuation by 28% to $74 billion in July 2022, then a further 14.9% to $63 billion in January 2023.
Since its initial 2011 valuation of $20 million, Stripe’s valuation has grown by 324,900%.
Stripe achieved a valuation of over $1 billion in 2014, just 3 years after its 2011 launch.

Bar Graph: Stripe Global Gross Revenue from 2020 ($1.4 billion) to 2023 ($3.8 billion) according to FTCintelligence & Forbes

Stripe Revenue Statistics

Stripe primarily generates revenue by charging for each transaction processed, as well as through a variety of additional services and revenue streams.

From 2022 to 2023, Stripe’s gross revenue increased by 34% from $2.8 billion to $3.8 billion.
In 2022, revenue increased by 26%; in 2021, gross revenue increased by 62%.
In 2021, after deducting fees paid to partners like Visa and Chase, Stripe recorded a net revenue of nearly $2.5 billion.
Stripe charges a standard rate of 2.9% of the transaction + 30 cents, earning it over $2.9 billion on every $100 billion in transactions processed.
Stripe also offers a payment service called Checkout with a rate of 0.4% per transaction and a $2.00 cap per invoice.

Pie Chart: Payment Processing Software Market Share including PayPal (25.8%), Stripe (23.4%), Shopify Pay (21.3%), Amazon Pay (3.6%), and Other (25.8%) according to Datanyze

PayPal still leads in payment processing software, but Stripe is far ahead of its other competitors in market share.

In the U.S. payment processing market, Stripe holds a 17.2% market share.
PayPal leads the industry with a 45.5% market share.
Stripe competitors Shopify Pay and Amazon Pay hold 15.7% and 2.69% market share respectively.
The global payment processing solutions market is expected to grow from $103.2 billion in 2023 to $160.0 billion in 2028.

Bar Graph: Stripe Funding Rounds from 2014 ($150 million) to 2024 ($694 billion) according to Sacra and Crunchbase

Stripe Funding Statistics

Stripe has raised money through rounds of funding almost yearly since it was founded.

As of 2024, Stripe has raised a total of $9.4 billion in funding from 60 investors over the course of 20 rounds.
In 2023 alone, Stripe raised over $6.5 billion in funding, or 69.1% of the total funding it has raised since the company was founded.
Stripe’s second-largest funding round in 2024 raised $694.2 million.
The company’s first funding round in 2011 raised $2 million from 6 investors, including Peter Thiel and Elon Musk.

Stripe Management Statistics

Stripe has expanded both its services and offices to several continents.

Stripe operates out of 24 offices worldwide, including 6 in North America and 9 in Europe.
Stripe has over 7,000 employees around the world.
In November of 2022, Stripe laid off 14% of its employees and acknowledged misjudging the growth of the internet economy.

Stripe’s 10 Most Recent Acquisitions
Company	Date	Purchase Amount (millions)
Bridge	Oct 20, 2024	$1.1 billion
Lemon Squeezy	Jul 26, 2024	Undisclosed
Okay	May 31, 2023	Undisclosed
OpenChannel	Dec 6, 2021	Undisclosed
Recko	Oct 20, 2021	Undisclosed
Bouncer	May 14, 2021	Undisclosed
TaxJar	Apr 27, 2021	Undisclosed
Paystack	Oct 15, 2020	$200
Touchtech Payments	Apr 17, 2019	Undisclosed
Index	Mar 8, 2018	Undisclosed

Stripe Investment Statistics

In addition to its acquisitions, Stripe has invested extensively in many companies.

Stripe has made a total of 71 investments, most recently in TrueLayer, which raised $50 million.
Stripe has been lead investor in 32 or 47.8% of their investments, most recently in Archive, which raised $4 million.
Stripe has made 13 diversity investments, most recently in women-founded Vengo AI, which raised $300,000.
As of December 2024, Stripe had acquired a total of 16 companies, the most recent of which was Bridge in October 2024.

Stripe’s 10 Most Recent Investments
Company	Date	Total Amount Raised (in millions)
TrueLayer	Oct 4, 2024	$50
Remark	May 23, 2024	$10.3
Vengo AI	Feb. 28, 2024	$0.3
Clerk	Jan. 23, 2024	$30
Ramp	Aug. 23, 2023	$300
Archive	Jun. 12, 2023	$4.0
Upollo	Nov. 30, 2022	$2.73
Complete	Aug. 22, 2022	$4.0
Pulley	Jul. 13, 2022	$40
EMarketing Solutions, LLC	Jun. 30, 2022	$0.20

Stripe Competitor Statistics

Although PayPal still dominates the payment processing market, Adyen and Square are closer competitors to Stripe in terms of business model.

PayPal services are used by 4.00 million websites worldwide; PayPal services are used by 146% more websites than Stripe.
In 2024, Stripe competitors Square and Adyen were valued at $60.5 billion and $49.2 billion respectively, compared to Stripe’s $65 billion valuation.
In 2023, Stripe recorded a net revenue of $3.8 billion 116% more than Adyen’s net revenue of $1.8 billion.
Square has raised $2.6 billion in investments and Adyen only $266 million.

Bar Graph: Stripe Competitor Valuations including PayPal ($64.8 billion), Stripe ($65 billion), Square ($41.1 billion), and Ayden ($37.5 billion), according to Crunchbase and Stock Analysis

Stripe Black Friday Statistics

Stripe processed massive volumes of payments on Black Friday/Cyber Monday of 2024 (BFCM 2024), all with minimal downtime.

During BFCM 2024, Stripe processed over 465 million transactions totaling $31 billion.
Stripe’s uptime during BFCM 2024 was over 99.9999%.
During BFCM 2024, Stripe received over 137,000 requests per minute.
In just a minute of BFCM 2024 downtime, Stripe would have lost over $5 million worth of transactions.
Over 35,000 businesses had their best day on Stripe during BFCM 2024.
Stripe processed 428,000 cryptocurrency transactions over BFCM 2024.
During BFCM 2023, Stripe handled over 300 million or $18.6 billion in transactions.

Stripe Atlas Statistics

Stripe Atlas, launched in 2016, is a service for incorporating a company that aims to make the process as simple as possible. Startups can incorporate with Atlas for an initial cost of $500.

In 2023, Stripe Atlas was used to start 1 in 6 new C Corporations in Delaware.
In 2023, over 50,000 companies in total had been started through Stripe Atlas, up 233% from 15,000 companies in 2020.
43% of Stripe Atlas users are starting a business for the first time; 25% wouldn’t have started a company without Atlas.
Businesses have been started with Stripe Atlas in 162 countries.
Stripe Atlas businesses collectively generate over $5 billion in yearly revenue.
As of 2021, businesses started with Stripe Atlas raised a lifetime total of $4.1 billion in capital investments.
In 2021, Stripe Atlas businesses employed 99,000 people and planned to hire 120,000 more.

Stripe Climate Initiative Statistics

In 2020, Stripe launched Stripe Climate, a service which allows Stripe customers to direct a portion of their proceeds directly to climate initiatives like carbon capture.

Stripe Climate began with 25 beta users and a $1 million investment from Stripe itself.
In 2021, over 15,000 companies from over 40 countries purchased carbon removal through Stripe Climate.
In 2021, Stripe invested $2 million in 4 new carbon removal technologies and pledged a further $4 million in purchase commitments.
Introduced in 2023, Climate Orders allows businesses to pre-order a specific numer of carbon removal tons in the Stripe Dashboard to meet their climate targets.

Stripe Capital Statistics

In 2019, Stripe launched Stripe Capital, a lending service for small businesses with a focus on convenience and speed.

Businesses that financed with Stripe Capital grew their revenue 114% faster than those that didn’t.
Businesses that processed under $100,000 annually saw a revenue growth of 140% after borrowing from Stripe Capital.
Only 5.5% of Stripe Capital users had previously taken out a loan from a traditional lender.

The following data and insights were compiled by the Capital One Shopping team based on publicly available data.

Stripe Statistics