According to Stripe's 2024 annual report released in February 2025, their payment volume reached $1.4 trillion, representing 38% year-over-year growth and accounting for 1.3% of global GDP, reinforcing their position as a global payment infrastructure leader. AI technology was a key growth driver, with Adaptive Acceptance technology recovering $6 billion in false decline transactions in 2024, a 60% increase year-over-year. This technology uses machine learning to optimize payment authorization rates, serving 78% of Forbes AI 50 companies and 80% of Cloud 100 enterprises, including giants like Hertz and Shopify. Stripe also expanded payment methods to over 100 options, adding Amazon Pay and Revolut Pay, further enhancing user experience and fraud prevention capabilities.
Founded in 2010 by brothers Patrick and John Collison with the goal of simplifying online payments, Stripe is currently valued at approximately $95 billion. In 2024, their services covered over 200 countries, supporting 135 currencies, becoming the preferred payment platform for both startups and multinational corporations. Deep AI integration not only improved efficiency but also drove new product development, such as Stripe Radar's fraud detection system, which prevented $2 billion worth of fraudulent transactions in 2024. The report also noted that AI-driven startups reach $5 million in annual revenue faster than traditional SaaS companies, reflecting technology innovation's profound economic impact.
In the competitive payments industry, Stripe faces pressure from rivals like PayPal and Adyen, but maintains its lead through technological advantages and ecosystem integration. In 2025, the company plans to expand further into emerging markets like Africa and Southeast Asia, while increasing investment in blockchain payments, potentially launching cryptocurrency-based settlement services. This aligns with global digital currency trends, with crypto payments expected to represent 5% of global transactions by 2030.
Looking ahead, Stripe may enter public markets through an IPO, with 2024 rumors suggesting a potential listing valuing the company at over $120 billion. Whether public or private, their continued innovation in AI and payments will drive global business digital transformation, serving as a key engine for economic development.
