category:
  id: company-milestones
  label: Company milestones
  description: Company-scale, legal, regulatory, operating-model, and other milestones that do not belong more naturally in Stripe's focused history categories.
  order: 11
events:
  - id: milestone-2026-ftc-debanking-warning
    title: FTC chairman sends Stripe a warning letter about potential debanking violations
    date: 2026-03-26
    date_precision: day
    confidence: confirmed
    status: warning; no finding or enforcement action stated
    summary: The Federal Trade Commission chairman warned Stripe and three other payment companies that denying lawful customers service inconsistently with their terms or reasonable expectations could violate the FTC Act.
    details:
      - label: Action type
        value: Warning letter from the FTC chairman
      - label: Legal framing
        value: Potential violations related to debanking under Section 5 of the FTC Act
      - label: Scope caution
        value: The letter raised concerns and possible consequences; it did not announce a factual finding, investigation result, or penalty
      - label: Other recipients
        value: PayPal, Visa, and Mastercard
    people:
      - Patrick Collison
      - Andrew N. Ferguson
    organizations:
      - Stripe
      - Federal Trade Commission
      - PayPal
      - Visa
      - Mastercard
    locations:
      - United States
    tags:
      - regulation
      - debanking
      - warning-letter
      - united-states
    source_ids:
      - source-1aceab1f7585dbec2798
      - source-af73a183fc7223ea0d57
  - id: milestone-2026-2025-volume-1-9-trillion
    title: Stripe reports $1.9 trillion in 2025 total volume
    date: 2026-02-24
    date_precision: day
    confidence: confirmed
    status: annual disclosure
    annual_volume:
      calendar_year: 2025
      display: $1.9 trillion
      kind: total-volume
      qualifier: published-value
      value_usd: 1900000000000
    summary: Stripe's 2025 annual update reported $1.9 trillion in volume, more than five million businesses, broad blue-chip adoption, and continued profitability.
    details:
      - label: Growth
        value: Total volume increased 34% from 2024
      - label: Profitability
        value: Stripe described itself as robustly profitable
      - label: Product activity
        value: More than 350 product updates during 2025
    metrics:
      - label: Total volume
        value: $1.9 trillion
      - label: Share of global GDP
        value: 1.6%
      - label: Businesses powered
        value: 5 million+
        context: Directly or through platforms
      - label: Dow Jones Industrial Average adoption
        value: 90%
      - label: Nasdaq 100 adoption
        value: 80%
      - label: Revenue suite run-rate target
        value: $1 billion
        context: Stripe said the suite was on track to reach this annual run rate in 2026
    people:
      - Patrick Collison
      - John Collison
    organizations:
      - Stripe
    tags:
      - annual-letter
      - company-scale
      - payment-volume
      - profitability
    source_ids:
      - source-bd6516ac551f19c37d33
      - source-6a0d2f89102ce3fbce2c
  - id: milestone-2026-us-entity-converts-to-llc
    title: Stripe's US contracting entity converts from Inc. to LLC
    date: 2026-01
    date_precision: month
    confidence: confirmed
    status: entity conversion
    summary: Stripe disclosed that its US contracting entity converted from Stripe, Inc. to Stripe, LLC as part of a broader update to its global legal terms.
    details:
      - label: Former entity
        value: Stripe, Inc.
      - label: New entity
        value: Stripe, LLC
      - label: Scope
        value: US contracting entity; this record does not imply a change to every Stripe affiliate worldwide
      - label: Date discrepancy
        value: Stripe's user-terms notice says January 5, while its service-provider list says January 3; month precision avoids choosing between them
    organizations:
      - Stripe, Inc.
      - Stripe, LLC
    locations:
      - United States
    tags:
      - legal-entity
      - corporate-structure
      - united-states
    source_ids:
      - source-7209b823727c000ddf0c
      - source-519ba3de493a815c1243
  - id: milestone-2025-2024-volume-1-4-trillion
    title: Stripe reports $1.4 trillion in 2024 payment volume
    date: 2025-02-27
    date_precision: day
    confidence: confirmed
    status: annual disclosure
    annual_volume:
      calendar_year: 2024
      display: $1.4 trillion
      kind: payment-volume
      qualifier: published-value
      value_usd: 1400000000000
    summary: Stripe's 2024 annual update reported $1.4 trillion in payment volume, durable profitability, and adoption by half of the Fortune 100.
    details:
      - label: Growth
        value: Total payment volume increased 38% from 2023
      - label: Profitability
        value: Stripe said it was profitable and expected to remain so
      - label: Research strategy
        value: The company emphasized reinvesting operating earnings in research and development
    metrics:
      - label: Total payment volume
        value: $1.4 trillion
      - label: Share of global GDP
        value: 1.3%
      - label: Fortune 100 adoption
        value: 50%
      - label: Forbes Cloud 100 adoption
        value: 80%
      - label: Forbes AI 50 adoption
        value: 78%
    people:
      - Patrick Collison
      - John Collison
    organizations:
      - Stripe
    tags:
      - annual-letter
      - company-scale
      - payment-volume
      - profitability
    source_ids:
      - source-1dc5f19b6950b5352d21
  - id: milestone-2024-2023-volume-1-trillion
    title: Stripe crosses $1 trillion in annual payment volume
    date: 2024-03-13
    date_precision: day
    confidence: confirmed
    status: annual disclosure
    annual_volume:
      calendar_year: 2023
      display: $1 trillion
      kind: payment-volume
      qualifier: published-value
      value_usd: 1000000000000
    summary: Stripe's 2023 annual letter reported that businesses processed $1 trillion on the platform and that the company was robustly cash-flow positive.
    details:
      - label: Profitability
        value: Robustly cash-flow positive in 2023, with the same expected for 2024
      - label: Scale comparison
        value: Stripe described the volume as roughly 1% of global GDP
    metrics:
      - label: Total payment volume
        value: $1 trillion
      - label: Share of global GDP
        value: About 1%
      - label: Growth from 2022
        value: About 25%
        context: Comparison with the prior year's $817 billion volume
    people:
      - Patrick Collison
      - John Collison
    organizations:
      - Stripe
    tags:
      - annual-letter
      - company-scale
      - payment-volume
      - cash-flow-positive
    source_ids:
      - source-8a7b0b685a7ceb93b864
      - source-ed092678fc3313192a56
  - id: milestone-2023-2022-volume-817-billion
    title: Stripe reports more than $817 billion in 2022 payment volume
    date: 2023-04-05
    date_precision: day
    confidence: confirmed
    status: annual disclosure
    annual_volume:
      calendar_year: 2022
      display: $817 billion+
      kind: payment-volume
      qualifier: lower-bound
      value_usd: 817000000000
    summary: Stripe's 2022 annual letter reported more than $817 billion in total volume, slower growth than 2021, and more than 100 companies each processing over $1 billion annually.
    details:
      - label: Growth
        value: Total volume increased 26% from 2021
      - label: Large-user cohort
        value: More than 100 companies processed over $1 billion each through Stripe during the year
    metrics:
      - label: Total payment volume
        value: $817 billion+
      - label: Year-over-year growth
        value: 26%
      - label: Users above $1 billion annual volume
        value: 100+
    people:
      - Patrick Collison
      - John Collison
    organizations:
      - Stripe
    tags:
      - annual-letter
      - company-scale
      - payment-volume
    source_ids:
      - source-4c2b6be236dc25d35aff
      - source-c368358c8a9f73e7acf1
  - id: milestone-2022-workforce-reduction
    title: Stripe announces a 14% workforce reduction
    date: 2022-11-03
    date_precision: day
    confidence: confirmed
    status: restructuring announced
    summary: Patrick Collison told employees that Stripe would reduce its team by about 14%, saying the founders had overhired after pandemic-era ecommerce growth.
    details:
      - label: Reason given
        value: Costs and staffing had been built for a faster-growth environment than Stripe expected in 2022 and 2023
      - label: Founder accountability
        value: Patrick and John Collison said they were fully responsible for the decisions leading to the reduction
      - label: Severance floor
        value: At least 14 weeks, with more for longer tenure
    metrics:
      - label: Workforce reduction
        value: About 14%
      - label: Pandemic-era growth
        value: 3x+
        context: Stripe's stated revenue and payment-volume growth since the pandemic began
    people:
      - Patrick Collison
      - John Collison
    organizations:
      - Stripe
    tags:
      - workforce
      - layoffs
      - restructuring
    source_ids:
      - source-7974addf5e18ced26551
  - id: milestone-2022-2021-volume-640-billion
    title: Stripe reports more than $640 billion in 2021 payment volume
    date: 2022-04
    date_precision: month
    confidence: confirmed
    status: annual disclosure
    annual_volume:
      calendar_year: 2021
      display: $640 billion+
      kind: payment-volume
      qualifier: lower-bound
      value_usd: 640000000000
    summary: Stripe's 2021 annual letter reported more than $640 billion in payment volume and rapid daily growth in both new users and businesses reaching meaningful sales scale.
    details:
      - label: Growth
        value: Payment volume increased 60% from 2020
      - label: Context
        value: Stripe cautioned that pandemic-related behavioral shifts made the growth rate unlikely to repeat in 2022
    metrics:
      - label: Total payment volume
        value: $640 billion+
      - label: Year-over-year growth
        value: 60%
      - label: New companies per day
        value: 1,400
      - label: New nonprofits per day
        value: "100"
      - label: Businesses crossing $1 million lifetime sales per day
        value: 100+
    people:
      - Patrick Collison
      - John Collison
    organizations:
      - Stripe
    tags:
      - annual-letter
      - company-scale
      - payment-volume
    source_ids:
      - source-7aebf381a98587d0d180
  - id: milestone-2020-global-office-closure
    title: Stripe closes all offices during the COVID-19 pandemic
    date: 2020-03-18
    date_precision: day
    confidence: confirmed
    status: temporary global remote operation
    summary: After phasing in precautions and closing individual offices, Stripe closed every office and shifted employees and on-site contractors worldwide to working from home.
    details:
      - label: Initial precautions
        value: Work-from-home guidance, suspended travel, and a pause on office visitors began in late February
      - label: Global closure
        value: All Stripe offices were closed by the March 18 update
      - label: Vendor support
        value: Stripe said it would continue paying vendors to preserve jobs for affected hourly workers
    organizations:
      - Stripe
    tags:
      - covid-19
      - remote-work
      - operations
    source_ids:
      - source-3884ba13c1dbeb603dae
  - id: milestone-2019-remote-engineering-hub
    title: Stripe establishes Remote as its fifth engineering hub
    date: 2019-05-02
    date_precision: day
    confidence: confirmed
    status: launched
    summary: Stripe formalized Remote as a coequal engineering hub alongside San Francisco, Seattle, Dublin, and Singapore, making distributed hiring part of its operating model.
    details:
      - label: Operating model
        value: Virtual hub treated as coequal with four physical engineering hubs
      - label: Initial geography
        value: North America, beginning with the United States and Canada
      - label: Hiring goal
        value: At least 100 remote engineers during the first year
    metrics:
      - label: Initial hiring goal
        value: 100+ remote engineers
      - label: First-year hires
        value: "100"
        context: Stripe's one-year retrospective said it met the goal
      - label: Remote share after one year
        value: 22%
        context: Share of Stripe's engineering population reported in May 2020
    organizations:
      - Stripe
    locations:
      - Remote
      - United States
      - Canada
    tags:
      - remote-work
      - engineering
      - operating-model
    source_ids:
      - source-90f07d388464369c2b51
      - source-6fa2526817c31490953f
  - id: milestone-2019-irish-electronic-money-license
    title: Stripe receives Irish electronic money institution authorization
    date: 2019-03-22
    date_precision: day
    confidence: confirmed
    status: authorized
    summary: The Central Bank of Ireland authorized Stripe Technology Europe as an electronic money institution for payment, money-remittance, issuing, acquiring, and account-information services.
    details:
      - label: Authorized entity
        value: Stripe Technology Europe, Limited
      - label: Regulator
        value: Central Bank of Ireland
      - label: Reference
        value: C187865
      - label: Scope
        value: Electronic money issuance and specified payment services; Stripe is not described as a bank
    organizations:
      - Stripe Technology Europe, Limited
      - Central Bank of Ireland
    locations:
      - Ireland
      - European Economic Area
    tags:
      - regulation
      - license
      - electronic-money
      - ireland
      - europe
    source_ids:
      - source-618a6c3ce25fc7419a80
      - source-749f533b264cd161b60f
  - id: milestone-2017-first-stripe-sessions
    title: Stripe holds its first Sessions conference
    date: 2017-06-01
    date_precision: day
    confidence: reported
    status: held
    summary: Stripe convened hundreds of users for its first Sessions conference, creating the annual event that became its main venue for coordinated product announcements.
    details:
      - label: Audience
        value: Hundreds of Stripe users
      - label: Launch example
        value: Stripe Sigma debuted at the conference
      - label: Historical role
        value: Sessions later became Stripe's recurring annual user and product conference
    organizations:
      - Stripe
    related_events:
      - product-2017-sigma
    tags:
      - sessions
      - conference
      - community
    source_ids:
      - source-b51fb51f19c22188d7b9
  - id: milestone-2016-california-money-transmitter-license
    title: Stripe obtains a California money transmitter license
    date: "2016"
    date_precision: year
    confidence: confirmed
    status: licensed
    summary: Stripe Payments Company obtained a California money transmitter license, creating a regulated foundation for US money-movement products beyond ordinary card acquiring.
    details:
      - label: Licensed entity
        value: Stripe Payments Company
      - label: Regulator
        value: California Department of Business Oversight, now the Department of Financial Protection and Innovation
      - label: Date precision
        value: Stripe's regulatory submission confirms 2016 but does not provide the license date
    organizations:
      - Stripe Payments Company
      - California Department of Financial Protection and Innovation
    locations:
      - California
      - United States
    tags:
      - regulation
      - license
      - money-transmission
      - california
    source_ids:
      - source-e651876aba816022517a
      - source-5d278320d7e0662046c0
schema: stripe-history/history/v2