The volume of payments processed by Stripe reached $1,400 billion in 2024, 38% more than the previous year
1.3% of global GDP: with $1,400 billion, that’s how much Stripe’s payment volume weighed in 2024. Exhibitor at NRF Retail’s Big Show Europe, the financial infrastructure platform for businesses recorded 38% growth in processed volumes.
A development that Patrick and John Collison, the company’s co-founders, essentially attribute to the sustained investments made in artificial intelligence, which “continue to pay off by increasing revenues for existing customers, encouraging more businesses to switch to Stripe and helping new businesses grow with unrivalled speed”.
And the transformation has only just begun if we are to believe the company’s co-founders, who continue to reap the rewards of their investments: “over the last six years, no company has reinvested as much of its revenues in R&D as Stripe. We have no doubt that these investments will prove their worth over the coming years, as stablecoins, AI and other players transform the industry. Stripe’s growth to date shows just how much companies are looking for programmable financial services”.
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