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:

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

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.

According to CB Insights data, Stripe has raised a total of $2.2 billion across 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’ve prepared a table on Stripe funding since 2010:

Sources: CB Insights, Crunchbase

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

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

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.

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:

Source: CB Insights

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:

Source: Stripe

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 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.

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

Source: CB Insights, Wall Street Journal

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:

Source: CB Insights

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:

Sources: CB Insights, Fintech Futures

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 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

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

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

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

Conclusion

That’s all for my collection of Stripe stats for 2022. 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.