stripe was launched in 2011 as payment processing software for online businesses.
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initially only available in the us. In the US, stripe has expanded internationally and currently services companies based in 46 countries.
Reading: Stripe revenue 2016
After its public launch in September 2011, it took less than 3 years for the startup to achieve a $1 billion+ valuation. and today, the company is valued at $94.4 billion.
Below are the latest available raid stats:
- stripe stats (top picks)
- how many websites accept payments via stripe?
- how many countries is stripe available in?
- how much funding has stripe raised?
- how much is stripe worth?
- how much does stripe process in payment volume?
- how many methods of payment supports stripe?
- how does stripe make money?
- stripe revenue per year
- stripe investments
- stripe acquisitions
- stripe climate initiative
- stripe business growth
- who founded stripe?
- how many countries has stripe atlas incorporated?
- how many people work in line?
key band statistics
- stripe is currently valued at $94.4 billion (nearly 3x its April 2020 valuation).
- currently 3.1 million active websites use stripe.
- stripe has raised a total of $2.2 billion in investments.
- elon musk was one of the first investors in stripe during a seed round in 2011.
- stripe has 39 investors.
- stripe has 48 patents.
how many websites accept payments through stripe?
According to integrated data, 3,124,751 active websites accept payments on their site through stripe.
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, buildwith, datanyze
where is stripe available worldwide?
stripe is available to businesses in 46 countries, including 5 with limited access (by invitation only).
since 2019, stripe has expanded into 20 new countries, including denmark, malaysia, mexico, the netherlands and poland.
stripe atlas, a service for incorporating a company in the united states (delaware), is available in more than 140 countries.
how much funding has stripe raised?
According to data from cb insights, stripe has raised a total of 2.2 billion dollars in 21 funding rounds.
During the last two years alone (2020 & 2021), Stripe has raised a total of $1.6 billion across 3 funding rounds.
We have prepared a table on the funding of time slots since 2010:
sources: cb insights, crunchbase
how much is the line worth?
according to forbes magazine, stripe is valued at $115 billion in “secondary market” transactions.
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 have plotted stripe valuation growth since 2011:
sources: techcrunch, bloomberg, crunchbase, cb insights, cnbc
how much does stripe process in payment volume?
As a private company, stripe does not share comprehensive data on internal metrics, including payment volume.
According to estimates from cb insights, payments made through stripe totaled $350 billion as of 2020, an increase of 133% compared to an estimated $150 billion in 2019.
In fact, from 2015-2020, Stripe’s payment volume has experienced a compound annual growth rate of 104%.
and for the past 5 years, stripe payment processing volume has experienced a minimum growth rate of 50% each year, with the highest rate of 150% in 2017.
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here is the table with the estimated growth of the volume of strip processing since 2015:
source: cb information
how many payment methods does stripe support?
stripe supports a total of 32 payment methods.
here is the breakdown of the number of available payment methods supported by stripe in each category:
how does stripe make money?
The band’s business model is based on charging a commission for successful transactions. the standard fee charged by stripe is 2.9% of the transaction + 25 cents.
That said, custom pricing is available for business customers.
price for stripe radar (a fraud protection tool) is charged per filtered transaction, with a standard fee of 5-7 cents.
To set up a new business through the Atlas product, Stripe charges a $500 setup fee along with ongoing costs to run the business, including a Delaware registered agent fee ($100 per year) and various packages. for corporate tax preparation. packages start at $250, billed annually.
income range per year
stripe does not publish official data on company revenue.
according to the wall street journal, stripe posted $7.4 billion in annual revenue in 2020. stripe’s annual revenue grew by 393% in 2020 compared to $1.5 billion in 2018.
Here’s the table with Stripe revenue growth since 2014:
source: cb insights, wall street journal
investments in strips
stripe has participated in the financing of other companies as an investor, with rounds totaling a disclosed amount of 2 billion dollars in 40 deals since 2017.
During 2021 alone, stripe invested in 14 companies with total funding of $1.1bn, seven of which including fast, balance, safepay, truelayer, wave, ramp financial and step mobile , are directly related to payments. while others are for payroll as a service (cheque), accounting (pilot), product development (codat), customer support (assembly), talent recruitment (manara), and customer collaboration platform (accord).
here is a breakdown of stripe’s investments since 2017:
source: cb information
according to data from cb insights, 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 online card transactions. terms of the transaction were not disclosed. the stripe radar feature will incorporate bouncer technology in an effort to reduce false positives.
here is the breakdown of stripe’s acquisitions since 2013:
sources: cb insights, fintech futures
stripes climate initiative
In October 2020, stripe launched a carbon removal purchase tool within the stripe ecosystem.
stripe customers can 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 informs that it does not charge commissions for these contributions.
initially available in the us. In the US, stripe climate became available worldwide in February 2021.
Stripe CEO Patrick Collison says that more than 450 companies are using Stripe’s weather. an increase of more than 200 companies since January 2020.
stripe climate purchased carbon removal from 6 new projects with the help of 13 scientific advisers. projects will receive a total of $2.75 million from stripe along with more than 2k stripe climate users in 37 countries.
sources: stripe, twitter
scratch business growth
stripe has a dedicated business unit serving clients in the enterprise segment.
according to stripe co-founder john collison, the company has more than 40 companies among its clients, with a payment volume of more than a billion dollars each one.
Payment volume from stripe’s business customers more than doubles year-over-year, according to company data.
source: twitter, band
who founded stripe?
stripe was founded in 2010 by brothers patrick and john collison.
As of March 2021, business insider estimates the Collison brothers have a collective net worth of $23 billion. their net worth has increased more than 11-fold since the beginning of 2018, when they were each worth $1 billion.
The Collison brothers became millionaires in 2008 when they were both in their 20s, after selling their Automatic company for $5 million.
source: insider business information
how many companies have used stripe atlas?
According to stripe’s CEO, 20,000 companies have been incorporated using stripe atlas, generating more than $3 billion in revenue. an increase of 10,000 companies in November 2019.
stripe atlas charges $500 per installation. so we can assume that stripe made $10 million from the startup incorporation business, and that’s just from the startup fees.
how many people work at stripe?
More than 4,000 employees work at stripe in 14 offices. a 166% increase from the 1,500+ 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. the majority of job openings are for hire in the engineering team, with 512 positions (28.29% of all vacancies in the company) open across all locations.
The average salary for an employee at Stripe is $140,451. According to the results of the H1B salary database, stripe employees with foreign citizenship with an H1B visa in the US. uu. received a median salary of $125,215 (based on 150 records).
source: stripe, comparative, h1b salary database
That’s it for my collection of swath stats for 2022. Online payments have quickly become one of the biggest players in the fintech industry, processing hundreds of billions of dollars a year.
Hopefully, you found these facts and figures interesting. As a private company, Stripe doesn’t reveal many interesting facts. but I did my best to collect what was there.
Now I’m curious to hear from you:
any comments? or do you have any questions about the slot stats included here? Leave your thoughts in the comments section below.