Stripe hits $159bn valuation

Thrive Capital, Coatue and a16z are among the investors providing funds for the offer but Stripe will also use a portion of its own capital to repurchase shares. The valuation is a significant increase on a $107 billion price tag reported in September.

Stripe has not embarked on a funding round since 2023 but has held several tenders to let staffers offload shares ahead of any IPO from the firm. Last month, president John Collison told Bloomberg “we’re still not in any rush,” on a listing.

The payments giant has also published its annual letter, reporting that businesses running on Stripe generated $1.9 trillion in total volume, up 34% from 2024, and equivalent to roughly 1.6% of global GDP. Beyond payments, Stripe’s Revenue suite (comprising billing, invoicing, tax, and more) is on track to hit an annual run rate of $1 billion this year.

Write co-founders Patrick and John Collison: "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.”