Skip to content
hraness
Theme
Appearance

Stripe company milestones history

By Hraness · Drafted with AI assistance.

Company-wide Stripe events, from annual volume and revenue figures to licenses, regulatory actions, and changes to how the company operates.

2026

5 events

  1. company milestonespress analysisreported

    Fortune compares Stripe's recent acquisitions to early Google

    Fortune's Term Sheet newsletter compared Stripe's acquisitions since late 2024 with Google's buying from 2003 to 2007, which included DoubleClick, AdSense, the company behind Google Earth, Android, and YouTube. Finance editor Jeff John Roberts, filling in as the newsletter's writer, listed Privy and Bridge (wallets and stablecoins), Orum (account verification and bank transfers), and Metronome (usage-based billing), and wrote that Stripe had closed a deal worth around $7.5 billion for OpenRouter. He also wrote that a PayPal bid made that spring fell apart after PayPal's share price rose and a $60.50 offer looked cheap. James Wester of Javelin Strategies said the miss may be for the best on cultural fit, and noted that Stripe is still private, unlike Google after its 2004 IPO. The column did not announce a new Stripe transaction.

    Outlet
    Fortune Term Sheet
    Author
    Jeff John Roberts
    Google examples named
    DoubleClick, AdSense, the firm behind Google Earth, Android, and YouTube
    Stripe deals named
    Privy, Bridge, Metronome, Orum, OpenRouter, and a reported PayPal bid
    OpenRouter
    Fortune described the deal, worth around $7.5 billion, as closed. Stripe had announced an agreement on August 19, 2026, and no completion had been reported.
    PayPal
    Fortune said a spring bid of $60.50 a share fell apart after the share price rose
    Orum
    Stripe hired Orum's team; industry reporting described it as an acquihire, not a purchase of the full platform
    Analyst named
    James Wester, research director at Javelin Strategies
    Column thesis
    Fortune said Stripe was absorbing firms to consolidate core payments and add blockchain and AI
    Other comparison
    Also compared Stripe's public relations, including Cheeky Pint, to early Google, and flagged later antitrust risk

    SourceFortune

  2. company milestonesreported annual figurereported

    The Information reports Stripe 2025 revenue of $6.8 billion

    The Information reported that Stripe's revenue jumped by a third to $6.8 billion in 2025, citing a person familiar with the company's financial figures. Stripe declined to comment. The 2025 annual letter published $1.9 trillion in total volume and did not state a company net-revenue dollar figure.

    Company revenue
    $6.8 billion
    Cash
    $3.2 billion · The Information titled this as cash generated in 2025
    Label in source
    “Revenue,” not “net revenue”
    Official letter
    The 2025 annual update did not publish a company net-revenue dollar figure

    SourceThe Information

  3. company milestoneswarning; no finding or enforcement action stated

    FTC chairman sends Stripe a warning letter about potential debanking violations

    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.

    Action type
    Warning letter from the FTC chairman
    Legal framing
    Potential violations related to debanking under Section 5 of the FTC Act
    Findings
    The letter raised concerns and possible consequences; it announced no factual finding, investigation result, or penalty
    Other recipients
    PayPal, Visa, and Mastercard

    SourcesFederal Trade CommissionFederal Trade Commission

  4. company milestonesannual disclosure

    Stripe reports $1.9 trillion in 2025 total volume

    Stripe's 2025 annual update reported $1.9 trillion in volume, more than five million businesses, broad blue-chip adoption, Link use by more than 200 million people, and continued profitability.

    Total volume
    $1.9 trillion
    Share of global GDP
    1.6%
    Businesses powered
    5 million+ · Directly or through platforms
    Dow Jones Industrial Average adoption
    90%
    Nasdaq 100 adoption
    80%
    Delaware corporations formed with Atlas
    25%
    Link users
    200 million+ · Stripe said Link is now used by more than 200 million people
    Privy programmable wallets
    110 million+
    Revenue suite run-rate target
    $1 billion · Stripe said the suite was on track to reach this annual run rate in 2026
    Stablecoin payments volume
    ~$400 billion · Industry stablecoin payments, not Stripe total volume. Stripe said volume doubled in 2025, with 60% estimated to be B2B
    Bridge volume
    more than quadrupled · After Stripe acquired Bridge
    Capital funding volume growth
    45% · From 2024 to 2025, supporting more than 81,000 businesses
    Atlas company formations
    41% · Increase in 2025
    New businesses outside the United States
    57% · Of companies that joined Stripe in 2025
    Growth
    Total volume increased 34% from 2024
    Profitability
    Stripe described itself as robustly profitable
    Product activity
    More than 350 product updates during 2025

    SourcesStripeStripeStripe

  5. company milestonesentity conversion

    Stripe's US contracting entity converts from Inc. to LLC

    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.

    Former entity
    Stripe, Inc.
    New entity
    Stripe, LLC
    Scope
    Stripe's US contracting entity
    Dates
    Stripe's user-terms notice says January 5; its service-provider list says January 3

    SourcesStripe SupportStripe

2025

2 events

  1. company milestonesreported annual figurereported

    Axios and The Information report Stripe 2024 revenue of $5.1 billion

    Axios reported that Stripe grew revenue 28% to $5.1 billion in 2024 and doubled free cash flow to $2.2 billion, citing The Information.

    Company revenue
    $5.1 billion
    Free cash flow
    $2.2 billion · Axios wrote “free-cash flow”
    Label in source
    “Revenue,” not “net revenue”
    Not SPIH turnover
    Irish SPIH 2024 statutory turnover of $5.12 billion is a regional subsidiary figure and is not merged into this series

    SourcesAxiosThe Information

  2. company milestonesannual disclosure

    Stripe reports $1.4 trillion in 2024 payment volume

    Stripe's 2024 annual update reported $1.4 trillion in payment volume, durable profitability, Billing use by more than 300,000 companies, and adoption by half of the Fortune 100.

    Total payment volume
    $1.4 trillion
    Share of global GDP
    1.3%
    Fortune 100 adoption
    50%
    Forbes Cloud 100 adoption
    80%
    Forbes AI 50 adoption
    78%
    Delaware corporations formed with Atlas
    1 in 6
    Billing companies
    300,000+
    Active subscriptions on Billing
    ~200 million · Stripe said Billing manages nearly 200 million active subscriptions
    Revenue suite run rate
    $500 million+ · Stripe said the suite, with Billing at its core, had passed this annual revenue run rate
    AI agent startups
    700 · Launched on Stripe in 2024
    Vertical SaaS platforms
    14,000+ · Using Stripe to offer payments services to their customers
    Growth
    Total payment volume increased 38% from 2023
    Profitability
    Stripe said it was profitable in 2024 and expected to remain so
    Research strategy
    The company emphasized reinvesting operating earnings in research and development

    SourcesStripeStripeStripe

2024

1 event

  1. company milestonesannual disclosure

    Stripe crosses $1 trillion in annual payment volume

    Stripe's 2023 annual letter reported that businesses processed $1 trillion on the platform and that the company was robustly cash-flow positive.

    Total payment volume
    $1 trillion
    Share of global GDP
    About 1%
    Growth from 2022
    25%
    Users above $1 billion annual volume
    100+
    Delaware corporations formed with Atlas
    1 in 6
    Atlas companies
    50,000+ · Stripe said they were on track to collectively earn $5 billion a year
    Revenue and finance automation businesses
    hundreds of thousands
    Revenue suite run-rate target
    $500 million · Stripe said it expected the suite's annual revenue run rate to pass this amount over the next year
    Black Friday and Cyber Monday volume
    $18.6 billion · Stripe called this its largest four-day period to date, with more than 300 million transactions
    AI company revenue growth
    249% · Aggregate revenue from AI companies on Stripe in 2023
    Profitability
    Stripe said it was robustly cashflow positive in 2023 and expected to be again in 2024
    Scale comparison
    Stripe described the volume as roughly 1% of global GDP

    SourcesStripeStripeStripeStripe

2023

2 events

  1. company milestonesreported quarterly figurereported

    The Information reports Stripe Q3 2023 net revenue of roughly $1 billion

    Cory Weinberg's December 21, 2023, Information article reported that Stripe's net revenues grew by about 35% to roughly $1 billion in the third quarter. Contemporaneous excerpts define net revenues as what Stripe takes in after passing a large cut to card companies and other financial institutions.

    Net revenue
    ~$1 billion · Third quarter 2023
    Period
    Third quarter 2023, not a full year

    SourceThe Information

  2. company milestonesannual disclosure

    Stripe reports more than $817 billion in 2022 total volume

    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.

    Total volume
    $817 billion+
    Year-over-year growth
    26%
    Users above $1 billion annual volume
    100+
    New businesses per day
    1,000+
    New businesses outside the United States
    55%
    Forbes Cloud 100 adoption
    75%
    People transacting with Stripe-powered businesses
    1 in 10 · Worldwide, in 2022
    Payment Links created
    10 million+ · During 2022
    Active in-person Terminal devices
    100,000+
    Atlas company formations versus 2019
    155% · More new Atlas companies in 2022 than in 2019
    Growth
    Total volume increased 26% from 2021
    Large-user cohort
    More than 100 companies processed over $1 billion each through Stripe during the year
    Product activity
    244 user-facing features and 336 API updates

    SourcesStripeStripeStripeStripe

2022

3 events

  1. company milestonesrestructuring announced

    Stripe announces a 14% workforce reduction

    Patrick Collison told employees that Stripe would reduce its team by about 14%, saying the founders had overhired after pandemic-era ecommerce growth.

    Workforce reduction
    About 14%
    Pandemic-era growth
    3x+ · Stripe's stated revenue and payment-volume growth since the pandemic began
    Reason given
    Costs and staffing had been built for a faster-growth environment than Stripe expected in 2022 and 2023
    Founder accountability
    Patrick and John Collison said they were fully responsible for the decisions leading to the reduction
    Severance floor
    At least 14 weeks, with more for longer tenure

    SourceStripe

  2. company milestonesreported annual figurereported

    Forbes reports Stripe 2021 net revenue of nearly $2.5 billion

    Forbes reported that Stripe's net revenue, which excludes the cut passed to partners such as Visa and Chase, reached nearly $2.5 billion in 2021, citing sources with knowledge of the financials. The same piece reported nearly $12 billion in 2021 gross revenue. Stripe declined to comment on the figures.

    Company net revenue
    ~$2.5 billion
    Gross revenue
    ~$12 billion · Reported by Forbes; a different measure from net revenue
    Working definition
    Net revenue excludes the cut Stripe passes along to partners like Visa and Chase

    SourceForbes

  3. company milestonesannual disclosure

    Stripe reports more than $640 billion in 2021 payment volume

    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.

    Total payment volume
    $640 billion+
    Year-over-year growth
    60%
    New companies per day
    1,400
    New nonprofits per day
    100
    Businesses crossing $1 million lifetime sales per day
    100+
    Delaware C corporations formed with Atlas
    about 1 in 10
    Category leaders above $1 billion
    50+
    2021 technology IPOs on Stripe
    60%
    Daily API requests
    500 million+ · Stripe reported 99.999% uptime
    Employees
    7,000 · Across 23 countries
    Growth
    Payment volume increased 60% from 2020
    Context
    Stripe cautioned that pandemic-related behavioral shifts made the growth rate unlikely to repeat in 2022

    SourcesStripeStripe

2020

1 event

  1. company milestonestemporary global remote operation

    Stripe closes all offices during the COVID-19 pandemic

    After phasing in precautions and closing individual offices, Stripe closed every office and shifted employees and on-site contractors worldwide to working from home.

    Initial precautions
    Work-from-home guidance, suspended travel, and a pause on office visitors began in late February
    Global closure
    All Stripe offices were closed by the March 18 update
    Vendor support
    Stripe said it would continue paying vendors to preserve jobs for affected hourly workers

    SourceStripe

2019

2 events

  1. company milestoneslaunched

    Stripe establishes Remote as its fifth engineering hub

    Stripe formalized Remote as a coequal engineering hub alongside San Francisco, Seattle, Dublin, and Singapore, making distributed hiring part of its operating model.

    Initial hiring goal
    100+ remote engineers
    First-year hires
    100 · Stripe's one-year retrospective said it met the goal
    Remote share after one year
    22% · Share of Stripe's engineering population reported in May 2020
    Operating model
    Virtual hub treated as coequal with four physical engineering hubs
    Initial geography
    North America, beginning with the United States and Canada
    Hiring goal
    At least 100 remote engineers during the first year

    SourcesStripeStripe

  2. company milestonesauthorized

    Stripe receives Irish electronic money institution authorization

    The Central Bank of Ireland authorized Stripe Technology Europe as an electronic money institution for payment, money-remittance, issuing, acquiring, and account-information services.

    Authorized entity
    Stripe Technology Europe, Limited
    Regulator
    Central Bank of Ireland
    Reference
    C187865
    Scope
    Electronic money issuance and specified payment services; Stripe is not described as a bank

    SourcesCentral Bank of IrelandStripe

2017

1 event

  1. company milestonesheldreported

    Stripe holds its first Sessions conference

    Stripe convened hundreds of users for its first Sessions conference, creating the annual event that became its main venue for coordinated product announcements.

    Audience
    Hundreds of Stripe users
    Launch example
    Stripe Sigma debuted at the conference
    Historical role
    Sessions later became Stripe's recurring annual user and product conference

    SourceTechCrunch

2016

1 event