20+ Impressive Stripe Stats [The Payment Market Revolutionized]

There are many ways to pay online, and Stripe is by far one of the most successful and revolutionary platforms to work within this market.

Let’s take a look at how Stripe has grown over the years to become a dominant name in this market through Stripe stats.

Key Stripe Stats 2024

1. Stripe began in 2011 only operating in the US, and now serves businesses in over 46 countries.
2. Within the first 3 years of operating, Stripe reached a net worth of over $1 billion.
3. The company is currently valued at $94.4 billion.
4. That valuation of $94.4 billion is more than a 3 times increase since April 2020.
5. 48 Patents are held by Stripe
6. In the year 2020, Stripe processed payments of up to $350 billion.
7. In the year 2019, it was $150 billion, which means it saw an increase of 133% the following year.
8. Stripe has been very generous, investing in 14 companies during 2021, and taking part in 40 deals altogether since 2017.
9. Stripe has a carbon removal purchase option, which takes a percentage of payment (0.1% to 0.5%), and puts it towards carbon removal projects.
10. Stripe Atlas is used by over 20,000 companies.
11. Stripe has over 4,000 employees in the US and worldwide.
12. $140,451 is the average annual salary for a Stripe employee.

Stripe Usage Stats 2024

13. Stripe is currently used by over 3.1 million active websites.
14. From looking at the number and percentage of websites using it, 15.49% of the market of payment processing is held by Stripe worldwide
15. 5 of the 46 countries that utilize Stripe are by invitation only
16. In nearly 3 years (since 2019) Stripe has expanded its sphere to 20 other countries.
17. Stripe has 32 different payment methods to choose from, the majority being carded (8), wallets (6), and bank debits (5).

Stripe Market Share and Revenue Statistics 2024

18. In the initial stages of its inception, Elon Musk was an investor and up to today Stripe has raised $2.2 billion in investments
19. 39 investors invest in Stripe.
20. $1.6 billion was raised just in 2020 and 2021 collectively.
21. Stripe is currently worth $115 billion
22. Since 2014 Stripe’s value has increased by 54 times.
23. From 2018 to 2020 it’s estimated that Stripe’s revenue increased by 393%

You might be interested to check those related posts as well:

• 68 Surprising PayPal Stats and Facts [and Trends] 2024
• 120+ Powerful B2B Marketing Stats and Trends [2023]
• 11 Best Payment Methods for Freelancers [2024 Guide]

FAQs

How fast is Stripe growing?

In terms of processing growth, Stripe sees at least 50% growth each year and has in the past 50 years.

Does Stripe make a profit?

Yes, Stripe charges a fee for businesses to set up an account, as well as continued services. They also have a transaction fee of 2.5%.

Their annual profit in 2020 was estimated at $7.4 billion, although that is estimated.

Conclusion

Seeing these trends in Stripe stats, it’s clear that Stripe will continue to grow as a payment processing business, and although they don’t disclose a lot of its data, it’s clear that they are a profitable business with beneficial initiatives.