Updated on
Reviewed by Steve Rogers
If you’re wondering why Stripe is one of the US market’s most anticipated IPOs, these Stripe statistics will give you the answer.
Stripe has emerged as a leading player in the online payment processing business. It’s also the second-largest VC-backed company in the US, behind only SpaceX, packing a valuation of $95 billion, and is one of the market’s most eagerly anticipated IPOs.
It’s often difficult to find information on privately help companies. We’ve collected these Stripe statistics to give a better picture to people who are considering investing in the company or just wondering what all the fuss is about.
Key Findings
- 1.14 million websites use Stripe to accept payments.
- Stripe processed $640 billion in payment volume in 2021.
- Stripe is used by businesses in 47 countries.
- As of Jan 2023, Stripe is valued at $95 billion.
- Stripe reached $12 billion in gross revenue in 2021, showing a 62.2% annual increase over the past year.
- More than 50 customers process over $1 billion each per year on Stripe.
Stripe Revenue
Stripe’s gross revenue worldwide reached $12 billion in 2021, a 62.2% increase over the previous year, fueled by growing e-commerce adoption amid the global pandemic[1].
Stripe’s gross revenue has grown by 4.3x since 2019[2].
Stripe Net Revenue
Stripe recorded almost $2.5 billion in net revenue in 2021 after deducting fees paid to partners like Visa[1].
Stripe EMEA and APAC Revenue
The Stripe unit (headquartered in Dublin, Ireland) responsible for sales in Europe, the Middle East, Africa, and the Asia Pacific region reported $2.255 billion in 2021 revenues, a 66% annual increase from $1.358 billion in 2020[3].
The number of companies using Stripe in the Asia Pacific region increased by 106% in 2021 compared to the previous year[4].
Turnover of UK-based Stripe’s unit (registered in London, United Kingdom) reached £371.13 million in 2021, a 2.01x increase over 2020[5].
Stripe’s Funding
Stripe has raised a total of $2.235 billion in disclosed funding across 12 rounds, including $600 million in its latest funding round, announced in March 2021[6].
| Date, Funding type | Money raised |
|---|---|
| March 2011, Seed round | $2 million |
| February 2012, Series A | $18 million |
| July 2012, Series B | $20 million |
| January 2014, Series C | $80 million |
| December 2014, Series C | $70 million |
| July 2015, Series C | $100 million |
| November 2016, Series D | $150 million |
| September 2018, Series E | $245 million |
| January 2019, Series F | $100 million |
| September 2019, Series G | $250 million |
| April 2020, Series G Extension | $600 million |
| March 14, Series H | $600 million |
Stripe’s Valuation
As of Jan 3, 2023, the CrunchBase Unicorn Board listed a valuation of $95 billion for Stripe[7]. The FinTech unicorn has increased its valuation by almost 370% since August 2018[8] [9] [10] [11] [12].
| Date | Valuation |
|---|---|
| May 2011 | $38 million |
| May 2012 | $102 million |
| February 2014 | $1.75 billion |
| February 2015 | $3.5 billion |
| August 2015 | $5 billion |
| November 2016 | $9.15 billion |
| August 2018 | $20.25 billion |
| April 2020 | $36 billion |
| March 2021 | $95.6 billion |
| July 2022 | $74 billion |
📈 Investors all over the world are looking forward to the IPO and wondering how to buy Stripe stock.
Stripe Market Share By Region
Based on PipeCandy data, Stripe claims a 68.02% market share of e-commerce payment processing in the United States of America (70.23% in North America). Its market penetration is much more limited in the European Union, where it has a 15.82% market share[13].
Websites Using Stripe
Based on BuiltWith estimates, 1,139,519 live websites use Stripe to accept payments[14].
According to another source (SimilarTech), 1,038,927 websites accept payments using Stripe[15].
Based on PipeCandy analysis, 996,733 active stores process payments via the Stripe platform[13].
Stripe Payment Volume
Based on the company report, Stripe processed over $640 billion in payments in 2021, an increase of 60% over the past year[4].
Stripe payment volume in 2021 grew 4.27x compared to 2019.
To put it in perspective, competing payment processors Square and Adyen reported $168 billion and $516 billion in payment volume in 2021, respectively[16].
Large Customers
According to company data, Stripe has over 50 enterprise customers that process more than $1 billion per year each on Stripe[17].
Stripe Global Availability
Stripe is available for businesses in 47 countries as of December 2022, adding 21 international markets since 2018[18] [19].
Stripe Payment Methods
Stripe supports 48 payment methods across eight payment categories[20].
Stripe Employees
Stripe has around 7,000 employees worldwide following its 14% headcount cut announced in November 2022, which affected over 1,000 employees[21] [22].
Stripe has 24 office locations spread across Asia Pacific, Latin America, Europe, and the Middle East, including headquarters in San Francisco and Dublin[23].
The content on finmasters.com is for educational and informational purposes only and should not be construed as professional financial advice. Finmasters is not a financial institution and does not provide any financial products or services. We strive to provide up-to-date information but make no warranties regarding the accuracy of our information.
