Stripe Statistics: Growth, Users, Revenue & Market Share

Stripe Statistics 2023: Growth, Revenue & Market Share

Last Updated: September 23, 2022
This article discusses Stripe statistics including details of the growth, market share and revenue stats of this payments company.
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Stripe statistics are on the menu in this resource.

Stripe, a SanFrancisco-based payment processor, has the mission to increase the Internet GDP through its payment software.

Irish brothers Patrick and John Collison came up with the idea of Stripe while they were studying at MIT and Harvard. 

Stripe was not the first of its kind, but what makes it unique is its ability to adapt based on the code and design part of the payment platform.

Patrick and John Collison created a developer-focused setup that can act as an instant payment platform.

They spent two years creating the application and customizing the platform to build a system that any company could scale.

Businesses willingly used Stripe due to its developer-friendly software design. It also helped developers create custom websites by incorporating Stripe products as a service.

The design simplicity and quality made Stripe a success in its early years and paved the way for incredible market growth.

Today, Stripe is available in more than 120 countries, and around 3.1 million businesses are using various applications of Stripe for finance handling.

The Covid-19 pandemic has slowed down several businesses but not Stripe. The company received a sudden increase in revenue and market share during the peak Covid-19 period. 

In 2020, Stripe raised $600 million from investors and got a $36 billion valuation. In 2021, Stripe was valued at $95.6 billion.

Businesses from Fortune 500 companies to small startups are Stripe customers, which shows that the company is targeting all firms despite market status.

This article discusses details of the growth and revenue statistics of Stripe.

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Key Stripe Statistics 2023

  • Stripe was valued at $95.6 billion in 2021.
  • Stripe has 2 million customers worldwide.
  • 3.1 million websites use Stripe for payment processing.
  • Stripe’s services are available in 46 countries, including 5 countries where Stripe has an invite-only service.
  • More than 15000 companies from 40 countries purchase carbon removal using Stripe Climate
  • Stripe Capital helped businesses to grow 114% faster compared to their peers
  • Stripe has invested $1.1 billion in 14 companies during 2021
  • For every $100 billion of transaction value, Stripe gets $2.9 billion
  • Stripe earned $7.4 billion in revenue in 2020
  • More than 20,000 companies are using Stripe Atlas
  • $350 billion in the form of payments completed via Stripe in 2020
  • Stripe invested $102 million Series B fundraising for Fast
  • Stripe Atlas, a service for registering a company as a US corporation, is available in more than 140 countries.

Detailed Stripe Statistics 2023

Stripe received recognition and investments from many industry leaders such as PayPal co-founder Elon Musk, alumni Peter Thiel, etc.

Stripe achieved a valuation of $95.6 billion in 2021 and has secured top position in Silicon Valley’s most valuable companies list.

Now we shall get into detailed analytics regarding Stripe’s growth and revenue.

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1. Stripe Service Is Available in 46 Countries, Including 5 Countries Where Stripe Has Invite-Only Service.

Founded in 2009 by John and Patrick, Stripe received a $2 million investment from many investors, including PayPal co-founder Elon Musk.

Stripe expanded its service to 20 countries during 2019, and they are currently available for businesses in 46 countries.

2. More than 15000 Companies from 40 Countries Purchase Carbon Removal Using Stripe Climate

Based on Stripe statistics, Stripe Climate generates $6 million in purchase commitments from 4 companies.

The purchases are evaluated by a committee of 13 climate professionals who are experts in technologies such as geologic storage, enhanced weathering, direct air capture, etc.

According to Stripe, they are planning to provide $4 million additional help to scale up the works of these companies if they are achieving certain technical goals.

Further, Stripe is ready to deliver $2 million as a helping fund to establish these technologies in the market.

3. Stripe Capital Helped Businesses to Grow 114% Faster Compared to Their Peers

Established in 2019 in collaboration with Celtic Bank, Stripe Captial focused on releasing funds almost instantly by avoiding frustrating paperwork and loan denials.

It provided a flexible repayment model by automatically allowing businesses to repay the loan from their future revenue.

Compared to other money lenders’ traditional fixed repayment schedules, it was an innovative idea.

Stripe Captial has become a strong source of support for several startups and small businesses who got rejected from financial help from mainstream banks and similar business firms.

A recent study has shown that enterprises that opt for Stripe Captial have displayed tremendous revenue growth by 114 percent compared to their rivals and other businesses not using Stripe Captial.

Those businesses with a $100,000 or less yearly processing budget displayed a 140 percent revenue growth with Stripe.

Stripe statistics show that only 5.5 percent of the Stripe Capital users have tried to get previous financial help from other resources. The rest of the others are happy with Stripe Capital.

4. Stripe Has Invested $1.1 Billion in 14 Companies During 2021

Several companies like Ramp Financial, Safepay, TrueLayer, Balance, Fast, Step Mobile, etc., have received direct funding from Stripe.

Stripe statistics show that Stripe has participated in several funding occasions since 2017 and has invested more than $2 billion across 40 deals.

5. For Each of $100 Billion Transaction Value, Stripe Gets $2.9 Billion

Based on the statistics, Stripe processes hundreds of billions of transactions every year. It charges 2.9 percent of the total transaction value and 30 cents for each payment transaction. 

6. Stripe Earned $7.4 Billion in Revenue in 2020

The Covid-19 pandemic has helped the company build its revenue to the next level. During the peak time of Covid in 2020, Stripe gained $7.4 billion in revenue with 70 percent year-over-year.

7. More than 20,000 Companies Are Using Stripe Atlas

With an initial setup fee of $500, Stripe was able to generate $10 million from 20,000 companies even without breaking any sweat.

Based on the stats, Stripe has earned $3 billion in revenue from the Stripe Atlas. Back in 2019, there were only 10,000 companies incorporated with Stripe.

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8. $350 Billion in The Form of Payments Completed via Stripe in 2020

Stripe achieved a 133% increase in its payment volume during 2020, compared to the 2019 statistics. In 2019, $150 billion of payments were made using Stripe.

Also, the company accomplished a 50% growth rate each year in the past 5 years.

According to CBInsights stats based on the 2015 – 2020 records, the payment volume of Stripe has achieved 104% annual growth. 

9. Stripe Invested $102 Million Series B Fundraising for Fast

The company has invested in various services that work similarly to Stripe. They choose such companies based on geographical regions.

For example, Stripe invested in a Pakistan-owned payment setup named Safepay in 2021. It has also invested in Nigerian-based Paystack, Philippine-based Paymongo, etc.

In 2019, Stripe raised $22.5 million for a financial setup named Step that offered fee-less bank account for teenagers.

10. Stripe Atlas, a Service for Registering a Company as A Us Corporation, Is Available in More than 140 Countries.

In February 2016, Stripe introduced a new service named “Stripe Atlas,” by which startups can register their firms as US corporations.

The firms added to the Stripe Atlas program will become Delaware-based corporations or limited liability companies.

11. Stripe Has More than 4000 Employees Working Across 14 Offices

In 2019, the employee count on Stripe was approximately 1500, which will become 4000 by 2021. During the period, the company showed 166% growth in employees count.

The latest stats of October 2021 shows that Stripe is open to more than 1800 job opportunities in which the majority are Engineering posts(28.29 percent) across all offices. 

image 48

12. Stripe Offers an Average Salary of $140,451

The company provides an average salary of $140,451 across all its locations, while H1B visa holders in America are getting $125,215 as salary based on 150 H1B records statistics.

13. 250,957 Websites in The U.S. Are Using Stripe

While evaluating the country-wise stats of Stripe users, America leads the list with 250,957.

Around 56,421 websites from the United Kingdom and 31,697 sites from Canada come second and third, respectively.

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14. 5.33% of Stripe Users Are from Computer Science and Technology

The gaming industry comes second with 2.81 percent of Stripe users, and Science & educations come third with 2.47 percent.

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15. $2.2 Billion Was Raised by Stripe in 21 Funding Rounds

Based on Stripe stats from CB Insights, Stripe generated $2.2 billion from 21 funding rounds and achieved $1.6 billion across three funding rounds from the last two years alone.

Funding round and DateAmount
Seed VC, March 2011$2 million
Series B, July 2012$20 million
Series C – II, December 2014$20 million
Series D, November 2016$150 million
Series Unknown, December 2016$16 million
Series Unknown, July 2017$6.22 million
Series F, September 2018$245 million
Series G, August 2019$250 million
Series H, March 2021$600 million

Stripe Products and Their Features

Payments

Find a guide to integrating Stripe’s payments APIs.

Invoicing

Create and manage invoices for one-time payments with Stripe Invoicing.

Stripe Billing 

Create and manage subscriptions, recurring payments, and recurring revenue with the Stripe Billing APIs.

Terminal

Use Stripe Terminal to accept in-person payments and extend Stripe payments to your point of sale.

image 44

Stripe Connect

Stripe Connect helps to route payments between multiple parties.

Payment Links

You can create a payment page and share a link to it with your customers.

It requires no coding, and you can share the link as many times as you want on social media, in emails, or any other channel.

Stripe Checkout

Stripe Checkout is the quickest way to build conversion-optimized payment forms hosted on Stripe.

Stripe Elements

Create your own pixel-perfect checkout flows with prebuilt UI components.

image 45

Radar

Fight fraud with the strength of the Stripe network

Sigma

Use SQL queries to create custom reports from your Stripe data.

Stripe Atlas 

Stripe Atlas helps entrepreneurs set up their company in a reliable, safe, and fast way from anywhere in the world.

Stripe Identity

 It helps you confirm the identity of global users to prevent fraud, streamline risk operations, and increase trust and safety.

Revenue Recognition overview

Automate your accrual accounting process with Stripe Revenue Recognition.

Stripe Tax

Calculate and collect sales tax, VAT, and GST with one line of code or at the click of a button.

image 46

Stripe Treasury 

Helps platforms offer embedded banking-as-a-service features.

Stripe Climate 

Allows businesses to direct part of their revenue toward carbon removal projects.

Issuing

An API for businesses to instantly create, manage, and distribute payment cards.

image 47

FAQs

What Are the Top Websites Using Stripe?

yandex.ru(3.9 billion monthly visits), xvideos.com(3.2 billion monthly visits), Wikipedia, Telegram, aliexpress.com, hotstar.com, tumblr.com, wordpress.com, etc.

How Many Employees Are Working at Stripe?

In 2019, the employee count on Stripe was approximately 1500, which will become 4000 by 2021. During the period, the company showed 166% growth in employees count. 

How Many Countries Have Stripe?

Stripe expanded its service to 20 countries during 2019, and they are currently available for businesses in 46 countries.

Final Thoughts

As you can see from these Stripe statistics, Stripe is an effective business that can help you create a custom website and incorporate Stripe products as a result.

The software is developer friendly, so you don’t need to know anything about coding in order to be able to make the most of it.

It is also an instant payment platform, so that you are going to be able to send payments to other people online and allow them to receive it instantly.

Make the most of these Stripe statistics for 2023 if you want to leverage your business and find new ways to make money online.

Sources

StripeCB InsightsCrunchbase
CNBCStripeWikipedia
Expanded RamblingsSimilar TechStripe

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Written by Jason Wise

Hi! I’m Jason. I tend to gravitate towards business and technology topics, with a deep interest in social media, privacy and crypto. I enjoy testing and reviewing products, so you’ll see a lot of that from me here on EarthWeb.
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Last Updated: September 23, 2022
This article discusses Stripe statistics including details of the growth, market share and revenue stats of this payments company.
Stripe Statistics: Growth, Users, Revenue & Market Share
EarthWeb is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Stay on top of the latest technology trends — delivered directly to your inbox, free!

Subscription Form Posts

Don't worry, we don't spam

Written by Jason Wise

Hi! I’m Jason. I tend to gravitate towards business and technology topics, with a deep interest in social media, privacy and crypto. I enjoy testing and reviewing products, so you’ll see a lot of that from me here on EarthWeb.

Latest Stories