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].
