All Reports
`
`Stripe Statistics
`
`Last Updated:
`
`Highlights. 1.60 million active websites globally use
`Stripe, with an average of 1,000 companies joining Stripe
`each day.
`
`In 2023, Stripe processed a global payment volume of
`over $1 trillion.
`
`As of December 2024, Stripe is valued at $65
`billion.
`
`In 2023, Stripe had an estimated net revenue of $3.8
`billion.
`
`Stripe holds a 17.2% market share in payment
`processing software.
`
`Patent Owner Exhibit 2029, Page 1 of 27
`
`December 18, 2024
`
`
`Stripe Statistics
`
`Last Updated:
`
`Highlights. 1.60 million active websites globally use
`Stripe, with an average of 1,000 companies joining Stripe
`each day.
`
`In 2023, Stripe processed a global payment volume of
`over $1 trillion.
`
`As of December 2024, Stripe is valued at $65
`billion.
`
`In 2023, Stripe had an estimated net revenue of $3.8
`billion.
`
`Stripe holds a 17.2% market share in payment
`processing software.
`
`Patent Owner Exhibit 2029, Page 1 of 27
`
`December 18, 2024
`
`
`Stripe has raised a lifetime total of $9.4 billion in
`All Reports
`investments.
`
`Stripe User Statistics
`
`Stripe is used by businesses in 46 countries and supports
`over 135 currencies and 100 payment methods, including
`card, bank transfer, digital wallet, and buy now, pay later.
`
`Patent Owner Exhibit 2029, Page 2 of 27
`
`
`
`1.597 million active websites globally used Stripe as of
`All Reports
`December 2024.
`
`4.72 million websites globally have historically used
`Stripe as of December 2024.
`
`750,090 active websites in the U.S. used Stripe in
`December 2024, or 47.0% of all active websites using
`Stripe.
`
`1 in 10 people worldwide transacted with a business
`using Stripe in 2022.
`
`In 2022, 75% of the largest software companies in
`America used Stripe.
`
`10 Major Companies Using Stripe
`
`Ranking
`
`Company
`
`2023 Revenue
`(in billions)
`
`1
`
`2
`
`Walmart
`
`Amazon
`
`$648.1
`
`$574.8
`
`Patent Owner Exhibit 2029, Page 3 of 27
`
`
`
`Ranking
`
`Company
`
`2023 Revenue
`(in billions)
`
`All Reports
`
`3
`
`4
`
`5
`
`6
`
`7
`
`8
`
`9
`
`10
`
`Apple
`
`Samsung
`
`Walgreens
`
`AliExpress
`
`Target
`
`Wayfair
`
`Chewy
`
`Etsy
`
`$385.7
`
`$196.8
`
`$142.4
`
`$126.5
`
`$107.4
`
`$12.00
`
`$11.16
`
`$2.74
`
`Stripe User Growth Statistics
`
`Stripe is one of the fastest-growing online payment
`processors.
`
`Patent Owner Exhibit 2029, Page 4 of 27
`
`
`
`More than 100 companies process over $1 billion per
`All Reports
`year on Stripe as of 2023.
`
`From 2018 to 2022, the number of companies
`handling $1 billion or more through Stripe grew more
`than 50% each year.
`
`In 2023, Stripe added capabilities for over 50 new
`payment methods worldwide, including Cash App
`Pay.
`
`In 2022, over 1,000 new companies joined Stripe
`every day, an increase of 19% over the previous year.
`
`55% of the businesses that joined Stripe in 2022 were
`based outside of the United States.
`
`60% of the technology companies that went public in
`2021 were Stripe customers.
`
`Over the course of 2021, over 100 businesses per day
`passed $1 million in sales using Stripe.
`
`In 2021, the number of Stripe customers based in
`Latin America grew by 518%; the number of APAC
`
`Patent Owner Exhibit 2029, Page 5 of 27
`
`
`
`Stripe customers grew by 106%.
`
`All Reports
`
`Stripe Payment Volume Statistics
`
`Stripe’s global payment volume growth peaked during the
`pandemic but continues to grow.
`
`Stripe processed over $1 trillion in payments in 2023,
`up 25% from 2022.
`
`Patent Owner Exhibit 2029, Page 6 of 27
`
`
`
`In 2022, Stripe processed a global payment volume of
`All Reports
`$817 billion, an increase of 26% from 2021.
`
`From 2019 to 2022, Stripe’s global payment volume
`grew by 444%.
`
`Stripe’s largest yearly increase in payment volume
`was in 2020, during the onset of the COVID-19
`pandemic, when it jumped by 167% from $150 billion
`to $400 billion.
`
`Businesses using Stripe account for approximately 1%
`of global GDP.
`
`Globally, over 100 of Stripe’s customers use the
`platform to process more than $1 billion a year.
`
`Stripe services handle over 500 million API requests
`every day.
`
`Patent Owner Exhibit 2029, Page 7 of 27
`
`
`
`All Reports
`
`Stripe Valuation Statistics
`
`Stripe’s valuation peaked in 2021, and has since dipped
`along with many other tech companies.
`
`In December 2024, Stripe was valued at $65 billion,
`making it the 7th most valuable privately held
`company in the world.
`
`Patent Owner Exhibit 2029, Page 8 of 27
`
`
`
`In 2021, Stripe was valued at $95 billion, 46.2%
`All Reports
`higher than its 2023 valuation.
`
`Stripe internally cut its 2021 valuation by 28% to $74
`billion in July 2022, then a further 14.9% to $63
`billion in January 2023.
`
`Since its initial 2011 valuation of $20 million, Stripe’s
`valuation has grown by 324,900%.
`
`Stripe achieved a valuation of over $1 billion in 2014,
`just 3 years after its 2011 launch.
`
`Patent Owner Exhibit 2029, Page 9 of 27
`
`
`
`Stripe Revenue Statistics
`
`All Reports
`
`Stripe primarily generates revenue by charging for each
`transaction processed, as well as through a variety of
`additional services and revenue streams.
`
`From 2022 to 2023, Stripe’s gross revenue increased
`by 34% from $2.8 billion to $3.8 billion.
`
`In 2022, revenue increased by 26%; in 2021, gross
`revenue increased by 62%.
`
`In 2021, after deducting fees paid to partners like Visa
`and Chase, Stripe recorded a net revenue of nearly
`$2.5 billion.
`
`Stripe charges a standard rate of 2.9% of the
`transaction + 30 cents, earning it over $2.9 billion on
`every $100 billion in transactions processed.
`
`Stripe also offers a payment service called Checkout
`with a rate of 0.4% per transaction and a $2.00 cap
`per invoice.
`
`Patent Owner Exhibit 2029, Page 10 of 27
`
`
`
`All Reports
`
`Stripe Market Share Statistics
`
`PayPal still leads in payment processing software, but
`Stripe is far ahead of its other competitors in market
`share.
`
`In the U.S. payment processing market, Stripe holds a
`17.2% market share.
`
`PayPal leads the industry with a 45.5% market share.
`
`Patent Owner Exhibit 2029, Page 11 of 27
`
`
`
`Stripe competitors Shopify Pay and Amazon Pay hold
`All Reports
`15.7% and 2.69% market share respectively.
`
`The global payment processing solutions market is
`expected to grow from $103.2 billion in 2023 to
`$160.0 billion in 2028.
`
`Stripe Funding Statistics
`
`Patent Owner Exhibit 2029, Page 12 of 27
`
`
`
`Stripe has raised money through rounds of funding
`All Reports
`almost yearly since it was founded.
`
`As of 2024, Stripe has raised a total of $9.4 billion in
`funding from 60 investors over the course of 20
`rounds.
`
`In 2023 alone, Stripe raised over $6.5 billion in
`funding, or 69.1% of the total funding it has raised
`since the company was founded.
`
`Stripe’s second-largest funding round in 2024 raised
`$694.2 million.
`
`The company’s first funding round in 2011 raised $2
`million from 6 investors, including Peter Thiel and
`Elon Musk.
`
`Stripe Management Statistics
`
`Patent Owner Exhibit 2029, Page 13 of 27
`
`
`
`Stripe has expanded both its services and offices to
`All Reports
`several continents.
`
`Stripe operates out of 24 offices worldwide, including
`6 in North America and 9 in Europe.
`
`Stripe has over 7,000 employees around the world.
`
`In November of 2022, Stripe laid off 14% of its
`employees and acknowledged misjudging the growth
`of the internet economy.
`
`Stripe’s 10 Most Recent Acquisitions
`
`Company
`
`Date
`
`Purchase Amount
`(millions)
`
`Bridge
`
`Lemon Squeezy
`
`Okay
`
`Oct 20,
`2024
`
`Jul 26,
`2024
`
`May 31,
`2023
`
`$1.1 billion
`
`Undisclosed
`
`Undisclosed
`
`Patent Owner Exhibit 2029, Page 14 of 27
`
`
`
`Company
`
`Date
`
`Purchase Amount
`All Reports
`(millions)
`
`OpenChannel
`
`Dec 6, 2021
`
`Undisclosed
`
`Recko
`
`Bouncer
`
`TaxJar
`
`Paystack
`
`Touchtech
`Payments
`
`Index
`
`Oct 20,
`2021
`
`May 14,
`2021
`
`Apr 27,
`2021
`
`Oct 15,
`2020
`
`Apr 17,
`2019
`
`Mar 8,
`2018
`
`Undisclosed
`
`Undisclosed
`
`Undisclosed
`
`$200
`
`Undisclosed
`
`Undisclosed
`
`Stripe Investment Statistics
`
`Patent Owner Exhibit 2029, Page 15 of 27
`
`
`
`In addition to its acquisitions, Stripe has invested
`All Reports
`extensively in many companies.
`
`Stripe has made a total of 71 investments, most
`recently in TrueLayer, which raised $50 million.
`
`Stripe has been lead investor in 32 or 47.8% of their
`investments, most recently in Archive, which raised
`$4 million.
`
`Stripe has made 13 diversity investments, most
`recently in women-founded Vengo AI, which raised
`$300,000.
`
`As of December 2024, Stripe had acquired a total of
`16 companies, the most recent of which was Bridge in
`October 2024.
`
`Stripe’s 10 Most Recent Investments
`
`Company
`
`Date
`
`Total Amount
`Raised (in
`millions)
`
`Patent Owner Exhibit 2029, Page 16 of 27
`
`
`
`Company
`
`Date
`
`Total Amount
`All Reports
`Raised (in
`millions)
`
`TrueLayer
`
`Oct 4, 2024
`
`$50
`
`Remark
`
`Vengo AI
`
`Clerk
`
`Ramp
`
`Archive
`
`Upollo
`
`Complete
`
`Pulley
`
`May 23,
`2024
`
`Feb. 28,
`2024
`
`Jan. 23,
`2024
`
`Aug. 23,
`2023
`
`Jun. 12,
`2023
`
`Nov. 30,
`2022
`
`Aug. 22,
`2022
`
`$10.3
`
`$0.3
`
`$30
`
`$300
`
`$4.0
`
`$2.73
`
`$4.0
`
`Jul. 13, 2022
`
`$40
`
`Patent Owner Exhibit 2029, Page 17 of 27
`
`
`
`Company
`
`Date
`
`Total Amount
`All Reports
`Raised (in
`millions)
`
`EMarketing Solutions,
`LLC
`
`Jun. 30,
`2022
`
`$0.20
`
`Stripe Competitor Statistics
`
`Although PayPal still dominates the payment processing
`market, Adyen and Square are closer competitors to
`Stripe in terms of business model.
`
`PayPal services are used by 4.00 million websites
`worldwide; PayPal services are used by 146% more
`websites than Stripe.
`
`In 2024, Stripe competitors Square and Adyen were
`valued at $60.5 billion and $49.2 billion respectively,
`compared to Stripe’s $65 billion valuation.
`
`Patent Owner Exhibit 2029, Page 18 of 27
`
`
`
`In 2023, Stripe recorded a net revenue of $3.8 billion
`All Reports
`116% more than Adyen’s net revenue of $1.8 billion.
`
`Square has raised $2.6 billion in investments and
`Adyen only $266 million.
`
`Stripe Black Friday Statistics
`
`Stripe processed massive volumes of payments on Black
`Friday/Cyber Monday of 2024 (BFCM 2024), all with
`
`Patent Owner Exhibit 2029, Page 19 of 27
`
`
`
`minimal downtime.
`
`All Reports
`
`During BFCM 2024, Stripe processed over 465
`million transactions totaling $31 billion.
`
`Stripe’s uptime during BFCM 2024 was over
`99.9999%.
`
`During BFCM 2024, Stripe received over 137,000
`requests per minute.
`
`In just a minute of BFCM 2024 downtime, Stripe
`would have lost over $5 million worth of transactions.
`
`Over 35,000 businesses had their best day on Stripe
`during BFCM 2024.
`
`Stripe processed 428,000 cryptocurrency
`transactions over BFCM 2024.
`
`During BFCM 2023, Stripe handled over 300 million
`or $18.6 billion in transactions.
`
`Patent Owner Exhibit 2029, Page 20 of 27
`
`
`
`Stripe Atlas Statistics
`
`All Reports
`
`Stripe Atlas, launched in 2016, is a service for
`incorporating a company that aims to make the process as
`simple as possible. Startups can incorporate with Atlas for
`an initial cost of $500.
`
`In 2023, Stripe Atlas was used to start 1 in 6 new C
`Corporations in Delaware.
`
`In 2023, over 50,000 companies in total had been
`started through Stripe Atlas, up 233% from 15,000
`companies in 2020.
`
`43% of Stripe Atlas users are starting a business for
`the first time; 25% wouldn’t have started a company
`without Atlas.
`
`Businesses have been started with Stripe Atlas in 162
`countries.
`
`Stripe Atlas businesses collectively generate over $5
`billion in yearly revenue.
`
`Patent Owner Exhibit 2029, Page 21 of 27
`
`
`
`As of 2021, businesses started with Stripe Atlas raised
`All Reports
`a lifetime total of $4.1 billion in capital investments.
`
`In 2021, Stripe Atlas businesses employed 99,000
`people and planned to hire 120,000 more.
`
`Stripe Climate Initiative Statistics
`
`In 2020, Stripe launched Stripe Climate, a service which
`allows Stripe customers to direct a portion of their
`proceeds directly to climate initiatives like carbon
`capture.
`
`Stripe Climate began with 25 beta users and a $1
`million investment from Stripe itself.
`
`In 2021, over 15,000 companies from over 40
`countries purchased carbon removal through Stripe
`Climate.
`
`Patent Owner Exhibit 2029, Page 22 of 27
`
`
`
`In 2021, Stripe invested $2 million in 4 new carbon
`All Reports
`removal technologies and pledged a further $4
`million in purchase commitments.
`
`Introduced in 2023, Climate Orders allows businesses
`to pre-order a specific numer of carbon removal tons
`in the Stripe Dashboard to meet their climate targets.
`
`Stripe Capital Statistics
`
`In 2019, Stripe launched Stripe Capital, a lending service
`for small businesses with a focus on convenience and
`speed.
`
`Businesses that financed with Stripe Capital grew
`their revenue 114% faster than those that didn’t.
`
`Businesses that processed under $100,000 annually
`saw a revenue growth of 140% after borrowing from
`Stripe Capital.
`
`Patent Owner Exhibit 2029, Page 23 of 27
`
`
`
`Only 5.5% of Stripe Capital users had previously
`All Reports
`taken out a loan from a traditional lender.
`
`The following data and insights were compiled by the
`Capital One Shopping team based on publicly available
`data.
`
`Sources
`
`1.
`
`BuiltWith, Stripe Usage Statistics
`
`2.
`
`3.
`
`4.
`
`5.
`
`6.
`
`Stripe.com
`
`Crunchbase
`
`Companies Market Cap
`
`Datanyze, Payment Processing Software Market Share
`
`Influencer Marketing Hub, Top 20 Companies Using
`Stripe as Their Payment Processing Partner
`
`Patent Owner Exhibit 2029, Page 24 of 27
`
`
`
`7.
`
`8.
`
`9.
`
`0.
`
`1.
`
`2.
`
`3.
`
`4.
`
`5.
`
`6.
`
`CNBC, Stripe slashes valuation to $50 billion in new
`All Reports
`$6.5 billion funding round
`
`Sacra, Stripe revenue, valuation, and growth rate
`
`Markets and Markets, Payment Processing Solutions
`Market
`
`Forbes, The Collison Brothers Built Stripe Into A $95
`Billion Unicorn With Eye-Popping Financials. Inside
`Their Plan To Stay On Top
`
`CB Insights, Stripe Teardown: How the $36B Payments
`Company Is Supercharging Online Retail
`
`Macrotrends
`
`Exchange-Rates.org
`
`Engineering Enablement, Designing Stripe for Black
`Friday
`
`Adyen, Financials
`
`Patrick Collison (Twitter)
`
`Patent Owner Exhibit 2029, Page 25 of 27
`
`
`
`7.
`
`Stock Analysis
`
`All Reports
`
`8.
`
`FTC Intelligence, Payment Industry Reports
`
`Related Reports
`
`Most Popular Online Payment Methods
`
`Buy Now, Pay Later (BNPL) Statistics
`
`Average Number of Credit Cards per Person
`
`Cross-Border Online Shopping Statistics
`
`Apple Pay Statistics
`
`eCommerce Statistics
`
`Patent Owner Exhibit 2029, Page 26 of 27
`
`
`
`Popular Stores
`
`All Reports
`
`American
`Airlines
`
`Amazon
`
`Chewy
`
`Costco
`
`DoorCash
`
`Etsy
`
`Nike
`
`Fashionnova
`
`Old Navy
`
`Turo
`
`U-Haul
`
`Home Depot
`
`Papa John’s
`
`Walmart
`
`Ikea
`
`Lowes
`
`Pizza Hut
`
`Wayfair
`
`Target
`
`Wingstop
`
`Capital One Shopping gets you
`
`better o ers, automatically applies
`
`the best coupon code at checkout,
`
`and lets you know when prices drop
`
`on products you've viewed and
`
`purchased.
`
`Privacy Policy
`
`Terms of
`Service
`
`Get Capital
`One Shopping
`
`Blog
`
`Help Center
`
`Trending Deals
`
`
`
`help@capitaloneshopping.comSitemap
`
`© 2022 Capital One Shopping
`
`Capital One
`
`Research
`
`Patent Owner Exhibit 2029, Page 27 of 27
`
`
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