Stripe has reached a $159 billion valuation following a new employee tender offer, co-founder and president John Collison told Bloomberg.
The majority of the capital for the transaction is being provided by investors, including Thrive Capital, Coatue and Andreessen Horowitz, commonly known as a16z, along with other backers. Stripe will also deploy a portion of its own capital to repurchase shares.
The structure allows employees to access liquidity while the company remains private, a model Stripe has used before to balance growth with retention. The figure represents a significant jump from the $106.7 billion valuation Stripe secured last year.
There are still no immediate plans for an IPO, Collison said in the Bloomberg interview, even as the company continues to grow at scale.
Stripe revealed in its 2025 annual letter that it processed $1.9 trillion in total payment volume last year, up 34% from 2024. That volume is equivalent to roughly 1.6% of global GDP, underlining the company’s expanding role in the internet economy.
Stripe said it remained profitable in 2025 while continuing to invest heavily in products and acquisitions.
In the letter, cofounders Patrick and John Collison wrote: “Our programmable financial services now power more than 5 million businesses directly or via platforms, including all of the top AI companies, many of the largest blue-chip companies (90% of the Dow Jones Industrial Average), most of the biggest tech companies (80% of the Nasdaq 100), and a significant fraction of freshly minted startups (25% of all Delaware corporations are now created with Stripe Atlas) […] Stripe remained robustly profitable, allowing us to continue investing heavily in product development (with more than 350 product updates last year) as well as acquisitions. […] All in all, 2025 was a strong year for the internet economy, and we’re delighted to see so many of Stripe’s customers do so well.”
$1B revenue suite
In its annual report, the company highlighted strong traction in its broader financial tools beyond core payments. Its Revenue suite, which includes products such as Billing, Invoicing and Tax, is on track to reach a $1 billion annual run rate this year.
The company’s annual letter emphasised that businesses operating on Stripe collectively generated $1.9 trillion in total volume in 2025. That marked a 34% year-over-year increase.
Stripe also noted that the 2025 cohort of new businesses joining the platform is the highest-performing in its history. More companies signed up in 2025 than in any prior year, with 57% based outside the United States.
Businesses in the 2025 cohort grew about 50% faster than those in the 2024 cohort. The number of companies reaching $10 million in annual recurring revenue within three months of launch doubled compared with the previous year.
Startups incorporated through Stripe Atlas are also monetising more quickly. In 2025, 20% of Atlas startups charged their first customer within 30 days of incorporation, up from 8% in 2020.
Expanding in crypto and AI infra
Stripe is simultaneously expanding deeper into crypto and AI infrastructure.
The company recently acquired stablecoin orchestration platform Bridge and crypto wallet provider Privy as it builds out its digital asset capabilities.
According to Stripe’s annual letter, the stablecoin payments market doubled to around $400 billion in volume last year, with roughly 60% of that tied to business-to-business transactions.
To support increased stablecoin activity, Stripe introduced its blockchain network, Tempo, developed in collaboration with Paradigm. Stripe said the network is designed to handle stablecoin payments efficiently, particularly during periods of heavy traffic.
In January, Stripe also acquired Metronome, a provider of usage-based billing tools widely adopted by AI companies, including OpenAI and Anthropic.
Alex Immerman, General Partner at a16z, said: “Stripe has consistently aligned itself with the most important technology shifts—first ecommerce and software-as-a-service, and now agents and stablecoins—and has set a relentless pace of innovation for fifteen years and counting. As Stripe continues building the financial infrastructure of the internet economy, the company has become a default platform for the next generation of ambitious builders and enduring companies. We are thrilled to have been their partners since 2010 and even more excited to deepen our partnership today.”
