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Stripe

Financial Services & Digital Assets · San Francisco and Dublin · Private

Stripe provides payments and financial infrastructure for internet businesses, from checkout to billing and revenue operations.

$159BLatest valuationFebruary 2026 tender offer
$1.9T2025 payment volumeNot Stripe revenue
34%Volume growthYear over year, 2025
PrivatePublic statusNo IPO announced

The Company

Stripe provides payment processing, billing, tax, fraud prevention, and financial tools to businesses operating online. The breadth of that stack makes Stripe more embedded than a standalone payments gateway.

Stripe announced a tender offer at a $159 billion valuation in February 2026. Its annual letter said businesses on its platform generated $1.9 trillion in payment volume in 2025, up 34% year over year.

Why It Matters

Stripe is a core financial-infrastructure company for private software, consumer, and AI businesses. Its payment volume and product expansion are a useful read-through for internet commerce and venture-backed company formation.

Valuation History

  1. $36.0B→Apr 2020Series G extensionSource ↗
  2. $95.0B→Mar 2021Series HSource ↗
  3. $50.0B→Mar 2023Series ISource ↗
  4. $91.5B→Feb 2025Tender offerSource ↗
  5. $159.0B→Feb 2026Tender offerSource ↗

What Changed

  1. Stripe is founded to simplify online payments for developers.

  2. Valuation reaches $95 billion as internet payments scale rapidly.

  3. A financing and cost reset focus attention on durable economics.

  4. A $159 billion tender offer reflects renewed confidence in growth and operating leverage.

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