Stripe

“We got our first paying customer way before we raised any money for the business.”

“I think it wasn't going well after COVID. There was a few years where things were getting, the API was getting more and more complicated. We all complained about it. There was every, it felt like it was being run by engineers, not by people who actually use St…”

“I think at Stripe we, ah, we're, we found we're shipping 30% more code.”

“I think I mentioned to you that a few weeks ago, my product management team held a hackathon and within just three hours, they had put together real viable prototypes on products that I would want to fund tomorrow. So with no eng, no design.”

“We just worked with Shopify to, like they now offer a stablecoin Payments on all of their checkouts, or they're rolling that out on all of their checkouts. That's just not a thing that would have made sense even three or four years ago.”

“When we built Stripe Atlas for incorporation, there was no amazing projections behind that, that one day this would be a giant business. It's not a giant business for us by any kind of revenue metric, But we think it's very valuable because people start their …”

“Tech is extraordinarily bad at partnerships. It's and I mean, it, it's always treated as a prisoner's dilemma that at some point, someone in the company realizes defecting gives you five points on the map, and that sounds really, really good with the short-ter…”

“No, we took inspiration from GSD, your system, as we built out ours similarly, and having a centralized internal source of truth for projects that are going on is, Surprisingly helpful, and it feels like it shouldn't be, but it is.”

“I mean, if I ran a private company like Stripe, I wouldn't go public.”

“Maybe Stripe should take on a hardware line of business. If we find one That's good enough. Like, we wouldn't be opposed to it. I think we just haven't had a good idea yet.”

“Stripe was much more his idea than mine.”

“I don't think they would survive the company very long if someone's walking around like, I don't know, I don't think the stable going thing is going to be a thing.”

“I mean, there's just a lot of things like our stablecoin issuance platform that we just launched, an amazing opportunity. We could launch that as an independent business, but it is a very different opportunity, a very different set of customers that are intere…”

“If you're serious about all these layers of the stack, you can't bind them all together because just like there's no way you're going to get that much. You know, if Microsoft is serious about the office suite, they're going to have it run on Mac and Windows be…”

“At some level, Bridge and Privy make me much more bullish on M&A, because we had an idea going in, and Stripe was very much taking crypto and stablecoins seriously, and there's no way we would collectively be where we are now or there's no way Stripe would be …”

“There's not a world where there's like a JP Morgan chain and a Stripe chain and a Bank of America chain and there's like a thousand, you know, unique company, company blockchains. That's not going to happen.”

“And this was a part of the conversations that we had at Privy when talking to Stripe about M&A, which was like, what are conditions under which we think we can be successful here? And I think one of them was the need to be able to work with competitive endeavo…”

“Crypto enabled transactions are going to be a very large part of the economy and just stripes business in the relatively near future.”

“If you totally stay independent and you don't do any form of integration, there is like, One plus one equals maybe two, but probably less than two. Almost certainly, like, definitionally, you are setting yourself up for less than two.”

“There's deep value to bundles and to being able to layer our software with stablecoin orchestration, stablecoin issuance, with traditional fiat money movement and rails, with the networks that Stripe has built across like, you know, marketplaces and merchants.…”

“Today we'll annualize, you know, in the billions of dollars. I think it's the largest Prescription platform online in terms of revenue. We run it on Stripe, I think, and going north from here.”

“Part of what we're doing with this is making merchants product catalogs remotely discoverable and inventory and everything like that. And then remotely purchasable. Where you don't necessarily have to go through the whole flow on their site and everything like…”

“What's different here is, one, you have AI. So all the integrations for the merchant are much easier. It's much less of a lift than previous Times when things like that, this have been tried.”

“So we're building out this platform in agentic commerce where we have You know, some open source protocols like our agenda commerce protocol. We obviously have the regular Stripe products, you know, people are using us for, you know, and this, it's particularl…”

“What we're now doing is training a payments foundation model where we're using all the data that we have in the Stripe network, and you have a much larger, more capable model taking into account. So anyway, we are trying to do exactly what you're saying.”

“What the startups were interested in were often better product experiences, and so if the startups want stable coins or usage-based billing or what have you, we should build for those needs, not just because we'll have a good startup business, but the enterpri…”

“There's a lot of charts of the shape of Stripe, I don't know if it's this way of Microsoft, where obviously March, 2020, you saw this discontinuity, right? Much more e-commerce activity happening, and we saw the rate of online business creation because, you kn…”

“I remember when I was Atomico, we were figuring out what to do with the state that Atomico had in in, in, in, in Stripe. And my strong recommendation was a big hold.”

“And we partnered with OpenAI to power the first shopping experience inside ChatGPT.”

“Bridge, the stablecoin orchestration platform we acquired, saw volume more than quadruple.”

“Between June and October, Stripe delivered a meaningful increase in authorization rates for Microsoft using a combination of adaptive acceptance, card account updater, network tokens, and more. As a result, Microsoft is now routing a larger share of its paymen…”

“Gamma is a California-based AI platform used by seventy million people to create presentations. When they joined the first cohort of Stripe users to accept UPI payments in India, their Indian revenue jumped 22% in that very same month.”

“Last year, Stripe Capital distributed 45% more funds compared to twenty-twenty-four to more than 81,000 businesses.”

“We launched Machine Payments, a way for developers to charge agents directly for API calls, MCP usage, and HTTP requests using stablecoin microtransactions.”

“Metronome joins our revenue suite, comprising Stripe billing, invoicing, tax, and more, Which is on track to hit an annual run rate of a billion dollars this year.”

“Stripe remained robustly profitable in 25, allowing us to continue investing heavily in product development, with over 350 product updates over the last year, as well as acquisitions.”

“Of businesses on stride that earn most of their revenue internationally, 30% of that revenue comes from countries that are neither their home market nor one of the top 10 global economies.”

“Since our last update, we acquired Privy, which powers more than a hundred and ten million programmable wallets, and Metronome, which powers the complex usage-based billing models used by companies like OpenAI, Anthropic, Confluent, and NVIDIA.”

“Last year, businesses running on Stripe generated 1.9 trillion in total volume, up 34% from 24, an equivalent to roughly 1.6% of global GDP.”

“Link, the easiest way to pay online, is now used by more than two hundred million people.”

“The number of companies reaching ten million in ARR within three months of launch was double that of the 24 cohort.”

“Our programmable financial services now power more than five million businesses directly or via platforms, including all the top AI companies, many of the largest blue chip companies, 90% of the Dow Jones Industrial Average, most of the biggest tech companies,…”

“In the US, 6.3% of SMBs powered by vertical SaaS platforms on Stripe earn one million dollars in total revenue in their first year, nearly 60% more than in one benchmark comparison set.”

“Businesses on Stripe generated 1.4 trillion in total payment volume in 2024, up 38% from the prior year and reaching a scale equivalent to around 1.3% of global GDP.”

“For instance, if we see a card being used with a new email address, The very newness of the email address is a suspicious fact, with a 60% higher likelihood of fraud.”

“From top corporate leaders, half of the Fortune 100 uses Stripe. To hyper-growth companies, we count 80% of the Forbes Cloud 178% of the Forbes AI-fifty as customers. To newly formed upstarts, one in six new Delaware corporations incorporates with Stripe Atlas…”

“Cursor, the AI-powered coding assistant, raced to over one hundred million dollars in recurring revenue in just three years.”

“Stripe's revenue and finance automation suite, with billing at its core, has now passed a five hundred million dollar revenue run rate.”

“More than 700 AI agent startups launched on Stripe last year, a figure that we expect will be substantially eclipsed by the total in 2025.”

“Forbes switched to Stripe to manage its subscription payments, and it has seen a 23% uplift in revenue in the past six months alone.”

“In aggregate, the revenue that businesses process on Stripe is growing seven times faster than that of all companies in the S&P 500.”

“With these and other techniques, we reduced card testing on Stripe by over 80% in the past two years, protecting our customers from billions of fraudulent transactions.”

“Of the 500 companies in the S&P 500 at its inception in 1957, only 53 remain in the index today. More than half of that remaining 53 use stripe.”

“Turo, the world's largest car sharing marketplace, used our optimized checkout suite and saw a 4.7% increase in recaptured revenue, equivalent to an additional one hundred fourteen million dollars each year.”

“Some people have called these startups LLM wrappers. Those people are missing the point. The O-ring model in economics shows that in a process with interdependent tasks, the overall output or productivity is limited by the least effective component, not just i…”

“When a credit card is used for a payment, there is a greater than 92% chance that Stripe has encountered the same card before.”

“Not a single customer of ours pays via ACH to either check or credit card, and we do a lot of checks. I'd probably say 80%, 90% are checks, maybe higher.”

“And so it's not like impossible for an agent to use those things, but the idea that you can like straight line from coding agents to writing the Stripe annual letter, I don't totally buy.”

“I feel like this view of a multi-agent world was you have all these agents that do tasks that are fraud detection. You know, another one over here for, you know, personalization, and then you make a super agent, it does all these things, and it looks really go…”

“High work ethic people. Who maybe weren't the best engineers you know, previously or now, those people are massively ascendant, as far as I can tell, because they suddenly got the exoskeleton, you know, and like, they always have the ideas as to what we should…”

“And of course, now we're building that because it's like much more relevant in the agentic world”

“We do at our, like, little weekly All Hands Weaver recurring segment of Just Walk the Store, where we, like, click around in the dashboard together, and we're tripping over, like, why is that modal there, and that's a bit confusing or whatever, just so we're, …”

“As we add more functionality to it, just the right way to navigate this big product surface area is an AI that's read all the API docs for you.”

“Two places that we're seeing tons of interesting stuff is one, any kind of cross-border use case, where if you want to send money to a hundred countries, it's already the case that stablecoin's a much better way to do that than anything else. And that's where …”

“The second, and this is where Tempo, our new initiative, That you guys were nice enough to work with us on is coming in is very scalable crypto payments, and obviously agents is what we have in mind as we're developing Tempo, where, you know, if you want to pa…”