Stripe Company Profile (2026)
Company Profile | Payments & Financial Infrastructure | Updated August 2026
Stripe: Financial Infrastructure with $159B Valuation, $1.9T TPV, and $18B Revenue
Stripe is a financial infrastructure company providing payment processing, billing, treasury, and financial services for internet businesses. Founded in 2009 by Patrick and John Collison and headquartered in San Francisco, California, Stripe is the largest privately owned fintech company with a $159 billion valuation (February 2026), $1.9 trillion in total payment volume (up 34% YoY), and approximately $18 billion in gross revenue. Stripe has been profitable since 2024 and is on an IPO path.
Executive Summary
Stripe is a financial infrastructure company serving millions of businesses globally. The company is privately held and headquartered in San Francisco, California, with offices worldwide.
Stripe's approach is based on comprehensive financial infrastructure including payment processing, billing, treasury, tax, fraud prevention, and banking-as-a-service. The platform is designed for internet businesses of all sizes, from startups to enterprises.
In February 2026, Stripe reached a $159 billion valuation via a tender offer, up from $65 billion in 2023. Stripe processed $1.9 trillion in total payment volume (up 34% YoY) and reported approximately $18 billion in gross revenue (~$6.5 billion net revenue). The company has been profitable since 2024.
Stripe serves millions of businesses globally, including Amazon, Google, Shopify, Salesforce, and thousands of SaaS companies. Stripe Billing alone is used by 300,000+ companies managing over $100 billion in recurring revenue.
Company Overview
Stripe was founded in 2009 by Patrick and John Collison and is headquartered in San Francisco, California. The company is privately held and has raised substantial funding from major investors.
Stripe develops financial infrastructure for internet businesses. The company's products include Payments, Billing, Treasury, Tax, Radar (fraud), Connect (platforms), Issuing (cards), Terminal (in-person), and Bridge (stablecoin).
The company serves millions of businesses globally, processing $1.9 trillion in TPV and generating ~$18 billion in gross revenue.
Company History
Stripe was founded in 2009 by Irish brothers Patrick and John Collison in San Francisco, California. The company started as a simple API for accepting online payments.
Stripe raised funding through multiple rounds, including a $600 million Series H in 2021 ($95 billion valuation), and a tender offer in 2023 ($50 billion valuation, down from $95 billion). In February 2026, Stripe reached $159 billion valuation via tender offer.
Stripe became profitable in 2024 and has maintained profitability through 2026. The company is on an IPO path, with extensive institutional preparation.
Leadership
- Patrick Collison – Co-Founder and Chief Executive Officer – Leads Stripe's business strategy, product vision, and growth.
- John Collison – Co-Founder and President – Oversees operations, partnerships, and business development.
- Dhivya Suryadevara – Chief Financial Officer – Appointed in 2022, former GM CFO, manages financial strategy and IPO preparation.
- David Singleton – Chief Technology Officer – Appointed in 2023, former Google engineering leader, oversees technology development.
Patrick and John Collison serve as CEO and President, respectively, and have led Stripe from a startup to the largest privately owned fintech company.
Products & Services
Stripe Payments
Stripe Payments is the core product, providing online payment processing for credit cards, debit cards, digital wallets, and local payment methods. It is designed for internet businesses to accept payments globally.
Payments pricing is typically 2.9% + $0.30 per successful card charge for online payments, with custom pricing for enterprises.
Stripe Billing
Stripe Billing provides subscription management, invoicing, and recurring revenue optimization. It is designed for SaaS companies and subscription businesses.
Stripe Billing is used by 300,000+ companies managing over $100 billion in recurring revenue, on track to hit $1B annual run rate in 2026.
Stripe Treasury, Tax, Radar, Connect
Stripe Treasury provides banking-as-a-service, Tax provides automated sales tax calculation, Radar provides fraud prevention, and Connect provides payment infrastructure for platforms and marketplaces.
Stripe Issuing, Terminal, Bridge
Stripe Issuing provides virtual and physical card creation, Terminal provides in-person payment hardware, and Bridge provides stablecoin infrastructure for crypto payments.
Financial Infrastructure & AI Strategy
Stripe's strategy is to become the financial infrastructure for the internet. The company believes financial services will transform through APIs, automation, and global accessibility.
- Comprehensive financial infrastructure (Payments, Billing, Treasury, Tax, Radar, Connect, Issuing, Terminal, Bridge).
- $1.9T TPV, up 34% YoY.
- ~$18B gross revenue, ~$6.5B net revenue.
- Profitable since 2024.
- $159B valuation (February 2026).
- Millions of businesses globally, including Amazon, Google, Shopify.
Business Model
Stripe operates as a private fintech company selling financial infrastructure. Its model includes transaction fees (percentage + fixed per transaction), subscription fees (Billing, Treasury), and enterprise contracts.
Stripe processed $1.9 trillion in TPV and reported ~$18 billion in gross revenue (~$6.5 billion net revenue) in 2025-2026. The company has been profitable since 2024.
Financial and Corporate Profile
| Metric | Figure or description |
|---|---|
| Legal name | Stripe, Inc. |
| Founded | 2009 |
| Founders | Patrick Collison, John Collison |
| Headquarters | San Francisco, California, United States (offices globally) |
| Ownership | Private, venture-backed |
| CEO | Patrick Collison |
| Valuation | $159 billion (February 2026 tender offer) |
| Total Payment Volume | $1.9 trillion (up 34% YoY) |
| Gross Revenue | ~$18 billion annually |
| Net Revenue | ~$6.5 billion annually |
| Profitability | Profitable since 2024 |
| Key investors | Sequoia Capital, Andreessen Horowitz, General Catalyst, Thrive Capital, GIC, Baillie Gifford |
Competitive Landscape
Stripe competes with other payment processors, fintech infrastructure, and financial services companies.
| Competitor group | Examples | Competitive overlap |
|---|---|---|
| Payment processors | PayPal, Square (Block), Adyen, Checkout.com | Online and in-person payment processing |
| Financial infrastructure | PayPal Braintree, Adyen, Checkout.com, Marqeta | Payment infrastructure and APIs |
| Billing & subscriptions | Recurly, Chargebee, Paddle | Subscription management and billing |
| Banking-as-a-service | Marqeta, Galileo, Unit, Treasury Prime | Embedded banking and card issuance |
Key Takeaways
- Stripe is the largest privately owned fintech company with $159B valuation.
- Founded in 2009 by Patrick and John Collison in San Francisco.
- Stripe processed $1.9T TPV (up 34% YoY) and reported ~$18B gross revenue.
- Profitable since 2024, on IPO path.
- Key products include Payments, Billing, Treasury, Tax, Radar, Connect, Issuing, Terminal, Bridge.
- Stripe Billing used by 300K+ companies managing $100B+ recurring revenue.
- Stripe competes with PayPal, Square, Adyen, Checkout.com, Recurly, and others.
- Stripe valuation and TPV statistics. Wikipedia.
- Stripe revenue and valuation analysis. Sacra.
- Stripe IPO briefing and financials. QuantLogix.
Profile compiled August 2026. This article is intended for editorial and informational purposes and does not constitute investment advice.