Stripe Statistics By Regional, Competitor, Funding, User Demographics, Payment and Facts
Updated · Dec 31, 2024
TABLE OF CONTENTS
Introduction
Stripe Statistics: Online shopping, education, and subscription services have all made payments digital. Today, almost everyone uses online payment systems to pay businesses and merchants. Stripe is one of the most widely used payment platforms, helping businesses receive payments from their customers. These easy-to-use payment methods are helping companies expand globally.
In this article, we will examine key Stripe Statistics, features, and product benefits. We’ll also provide some general numbers and compare Stripe to Google Pay to see how they compare.
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- Currently, over 3.1 million active websites use Stripe. The platform has a 15.49% share of the global payment processing market, based on the number of websites that use its services.
- Stripe Statistics stated that Stripe operates in 46 countries, but users in these countries need to be invited to join.
- A $500 setup fee is charged to set up a new company using Stripe’s Atlas platform. Ongoing costs include a $100 annual fee for a Delaware registered agent and additional fees for tax preparation services, starting at $250 per year.
- Since 2019, Stripe has expanded to 20 more countries. Of the 32 payment methods it offers, more than a third are credit cards (8), e-wallets (6), and bank debits (5).
- Stripe operates in 46 countries. More than 15,000 businesses from 40 different countries have purchased carbon removal credits through Stripe Climate.
- In 5 of these countries, users need an invitation to access Stripe’s services.
- In 2019, Stripe expanded to 20 new countries, and now it serves 46 countries.
- The United States is the top country using Stripe, followed by the United Kingdom, with about 56,421 websites, and Canada, with 31,697 websites.
- The standard fee is 2.9% of the transaction amount plus 25 cents.
- Stripe earns a lot of money from the billions of transactions it handles each year. The company earns 2.9% of each successful transaction and 30 cents for each payment processed.
- Stripe Atlas, which helps businesses set up companies, currently has about 20,000 companies using the platform. It started with just a $500 fee. From these 20,000 businesses, Stripe has made $10 million in revenue. Overall, as per Stripe Statistics, Stripe has earned $3 billion from Stripe Atla
- Enterprise customers can get special, customized pricing based on their needs.
- Stripe’s fraud protection service, called Stripe Radar, charges 5 to 7 cents for each transaction it checks.
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What is Stripe?
Stripe is a payment service provider that lets businesses accept different types of payments, including credit cards and “buy now, pay later” options. The platform charges a fee on each transaction. Over the years, I’ve come across many online payment systems, and Stripe is one of the most well-known. It’s an online payment software company based in San Francisco.
Stripe’s mission is to help grow internet revenue by providing an easy-to-use payment platform. According to *The Guardian*, Stripe is now a multi-billion-dollar company founded by two Irish brothers, Patrick and John Collison. They came up with the idea for Stripe while studying at MIT and Harvard.
Although there were other online payment systems before Stripe, this one stands out because of its flexibility and unique features. The platform’s founders carefully developed it to adapt to different business needs quickly.
This isn’t surprising because the Collison brothers spent two years perfecting the platform to ensure its efficiency and reliability. As a result, many companies chose Stripe because it’s simple to use, high-quality, and offers features that are hard to find in other payment systems.
Today, Stripe operates in more than 120 countries and is used by around 3.1 million businesses, making it one of the leading payment processors. The COVID-19 pandemic also helped increase Stripe’s revenue and market share.
*Forbes* reports that Stripe is valued at over $95 billion, making it the most valuable private fintech company. With its wide range of services and global reach, Stripe continues to lead the digital payment industry. Next, let’s take a closer look at how Stripe works and review some key statistics about the platform.
General Stripe Statistics
- Stripe is used by merchants in 51 countries to accept and process payments.
- The company is currently valued at $65 billion, making it one of the most valuable private companies in the world.
- With a market share of around 21%, Stripe is the second most popular payment platform worldwide.
- More than 100 of Stripe’s customers process over $1 billion in payments annually, up from 40 in 2020.
- Stripe Statistics stated that over 4 million websites use Stripe for payment processing.
- Stripe has raised about $9.93 billion from 56 investors to date.
- The company employs more than 7,000 people globally
Stripe Regional Statistics
- As of 2022, Stripe is available in 47 countries. In 2018, it expanded to 21 new countries.
- As of 2024, 4,581,973 websites use Stripe, 1,537,487 of which are active.
- In the United States, 715,735 active websites are using Stripe.
- The United Kingdom ranks second, with 82,464 active websites, as per Stripe Statistics.
- Only five websites in countries like Wallis, San Marino, the British Virgin Islands, and Cuba use Stripe.
(Reference: demandsage.com)
- In the table below, we can see the nations using the Stripe App
| Country | No.of Stripe Websites In the Country |
| Mexico |
12,993 |
|
India |
15,374 |
| Spain |
19,060 |
|
Italy |
22,779 |
| Canada |
26,388 |
|
Australia |
37,869 |
| Germany |
40,116 |
|
France |
53,044 |
| United Kingdom |
82,464 |
|
United States |
715,735 |
- Here’s a breakdown of Stripe usage among different website rankings:
- 16% of the top 1 million websites use Stripe for payments.
- Stripe Statistics stated that almost 6.82% of the top 100,000 websites are built with Stripe.
- 32% of the top 10,000 websites use Stripe.
- The table below shows the global share of websites that use Stripe.
| Number Of Sites | Percentage Share Of Websites Built With Stripe | Number Of Websites |
|
Top 10 million sites |
11.32% | 1,132 |
| Top 100 million sites | 6.82% |
6,819 |
|
Top 1 million sites |
3.16% |
31,591 |
Stripe Competitor Statistics
(Reference: capitaloneshopping.com)
- Although PayPal remains the leader in the payment processing market, Adyen and Square are the closest competitors to Stripe in terms of business models.
- PayPal is used by 3.14 million websites worldwide, which is 111% more than Stripe.
- PayPal has a larger presence than Stripe in 164 countries, while Stripe is the leader only in Taiwan, according to Stripe Statistics.
- In 2024, Square and Adyen were valued at $40 billion and $37.8 billion, respectively, while Stripe is valued at $50 billion.
- In 2021, Stripe earned $2.5 billion in revenue, which is 127% higher than Adyen’s revenue of $1.1 billion in the same year.
- Square has raised $2.6 billion in funding, while Adyen has raised only $266 million.
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Stripe Growth Statistics
- One million sixty-six thousand nine hundred forty-four active websites currently use Stripe for payments, and an additional 2,987,361 websites have used it in the past.
- Stripe Statistics stated that nearly 2.83% (or 28,335) of the top 1 million websites use Stripe to process payments.
- In January 2024, 739,000 (or 56%) of all active Stripe websites are based in the U.S.
- The United Kingdom ranks second with 77,792 active Stripe users.
- As of February 2024, over 6% of Swiss businesses using payment systems have integrated Stripe.
(Reference: capitaloneshopping.com)
- Businesses using Stripe contribute about 1% of global GDP.
- Stripe Statistics stated that almost 60% of the tech companies that went public in 2021 are Stripe customers.
- 75% of the companies on the Forbes Cloud 100 list use Stripe.
- Stripe saw a 25% increase in payment volume in 2023, surpassing $1 trillion in total payments.
- 75% of the top global marketplaces use Stripe Connect to manage payments and payouts.
- Stripe holds 21% of the global payment processing market, which is worth $121.77 billion, making it the second-most popular payment solution worldwide.
- Stripe controls 18.7% of the U.S. payment processing market, far ahead of competitors like Square (0.32%) and Adyen (0.09%).
(Reference: techjury.net)
- Stripe is valued at $65 billion, ranking it 5th among the world’s top 1,200 unicorns.
- Stripe Statistics stated that Stripe processes over 500 million API requests each day.
- The company’s API integrations allow developers to set up Stripe with just seven lines of code. Stripe operates in 47 countries.
- With its subsidiary Paystack, Stripe now supports four additional countries, bringing the total to 51.
- Stripe expects to generate over $500 million in annual revenue from its revenue automation suite next year.
- During Black Friday/Cyber Monday 2023, Stripe processed over 300 million transactions, totaling $18.6 billion, marking the company’s biggest four-day period ever.
Stripe Payment and Volume Statistics
- In 2023, Stripe’s payment volume hit $1 trillion.
- As of 2022, Stripe’s payment volume was $817 billion. From 2015 to 2020, its payment volume grew by 104%, with an annual growth rate of 50%.
- The table below shows Stripe’s payment volume over the past few years.
| Year | Payment Volume |
|
2015 |
$10 billion |
| 2016 |
$20 billion |
|
2017 |
$50 billion |
| 2018 |
$100 billion |
|
2019 |
$150 billion |
| 2020 |
$350 billion |
|
2019 |
$150 billion |
| 2020 |
$350 billion |
|
2021 |
$640 billion |
| 2022 |
$817 billion |
|
2023 |
$1 trillion |
(Reference: backlinko.com)
According to data from Stripe’s official website:
- 88% of Stripe users are based in the United States.
- 44% of users are from the United Kingdom.
- 39% of users come from France.
- 89% of users are from Canada.
- The table below shows the percentage of Stripe users from different countries worldwide.
| Country | Percentage Share Of The Users |
|
Canada |
3.89% |
| Netherlands |
3.83% |
|
United Kingdom |
9.44% |
| France |
5.39% |
|
United States |
32.88% |
| Others |
44.57% |
Here’s how the traffic to Stripe is divided:
- 94% of the traffic comes directly to Stripe (direct traffic).
- 48% comes from referral links (referral traffic).
- 14% comes from organic search results.
- 56% comes from other sources.
(Source: marutitech.com)
- The table below shows the percentage of traffic to Stripe.com from different channels.
| Channel | Percentage Of Website Traffic |
|
Display |
0.1% |
|
0.07% |
|
|
Social |
0.8% |
| Paid Search |
2.04% |
|
Organic Search |
10.56% |
| Referral |
31.48% |
|
Direct |
54.94% |
- Stripe gets 34.23% of its social media traffic from LinkedIn and 23.7% from Twitter (formerly X).
- The table below shows the percentage of social traffic Stripe receives from different social platforms.
| Social Media Channel | Percentage Of Traffic Received On Stripe.com |
|
|
4.71% |
|
4.99% |
|
|
YouTube |
18.21% |
|
23.7% |
|
|
|
34.23% |
| Others |
14.17% |
Stripe Funding Statistics
(Reference: capitaloneshopping.com)
- Stripe has been raising money almost every year since it was founded.
- As of 2024, Stripe had raised $9.4 billion from 60 investors over 21 funding rounds.
- In 2023, Stripe raised more than $6.5 billion, which is 69.1% of all the money it has raised since the company started.
- In 2024, Stripe’s second-biggest revenue round generated $694.2 million.
eCommerce and Stripe Statistics
- Stripe Statistics stated that around 90% of adults have used Stripe to make a payment.
- Stripe Billing simplifies managing memberships and subscriptions.
- Stripe supports over 135 currencies and 100 payment methods, including credit cards, bank transfers, BNPL (Buy Now, Pay Later), real-time payments, and digital wallets.
- In 2023, Stripe added more than 50 new payment options.
- Stripe Banking-as-a-Service helps businesses create bank account-like services for customers eligible for FDIC insurance and supports ACH and wire transfers.
- Stripe Tax helps with tax collection in 57 countries.
- Stripe Atlas helps businesses incorporate in the U.S. (Delaware) and is available in over 140 countries
(Reference: capitaloneshopping.com)
- 43% of Stripe Atlas users are starting their business for the first time, and 25% say Stripe Atlas was key to launching their company.
- Over 45,000 businesses in more than 140 countries have used Stripe Atlas to get started.
- According to Stripe Statistics, the 50,000+ companies that started with Stripe Atlas are on track to generate a total of $5 billion in annual revenue.
- From 2019 to 2022, Stripe Atlas saw a 155% increase in new incorporations.
- eCommerce merchants using Stripe’s prebuilt payment UIs saw a 10.5% increase in revenue thanks to higher conversion rates.
- The Stripe Reader S700 is now available in 23 countries
(Reference: demandsage.com)
- With 17 new embedded features, including 10 for payments, Stripe enables merchants to build full payment products and localize their services in 118 countries.
- The Stripe App Marketplace has more than doubled since its launch, from 70 to 150 apps, including new tools like Chargeflow, Adobe Commerce, and Salesforce CPQ.
- During Black Friday/Cyber Monday 2023, Stripe processed over 300 million transactions, totaling $18.6 billion, making it their biggest four-day period ever.
- According to Stripe Statistics, during this time, more than 31,000 businesses had their best sales day ever using Stripe.
- After ending Bitcoin payments in 2018, Stripe has now reopened support for crypto payments, focusing on USDC, a stablecoin tied to the U.S. dollar with a market cap of $33.45 billion.
- In January 2023, Stripe hired Goldman Sachs and JPMorgan Chase to advise on a potential public listing, but this has not happened yet.
- Stripe has over 7,000 employees worldwide.
Stripe Users Demographics
(Source: helplama.com)
- On stripe.com, 61.42% of the visitors are men, and 38.58% are women. The largest group of visitors is between the ages of 25 and 34.
| Age Group | % |
|
18-24 years |
22.80% |
| 25-34 years |
32.02% |
|
35-44 years |
19.64% |
| 45-54 years |
11.53% |
|
55-64 years |
7.43% |
| 65+ |
5.57% |
- In 2023, 38.58% of Stripe users are women, while 61.42% are men.
- According to Stripe’s data from January 2023, the largest group of users is between 25 and 34 years old, making up 32.02% of the total.
- Users aged 25 to 34 years represent 22.80%. Other age groups include 19.64% who are 35 to 44 years old and 11.53% in the 45 to 54 age range.
- Stripe Statistics stated that around 7.43% of users are aged 55 to 64 years, and 5.57% are 65 years or older.
- In terms of industries, 87.55% of Stripe customers are from e-commerce websites.
- Other industries include 4.93% from computers, electronics, and technology, 2.78% from gaming websites, 2.46% from science and education, and 2.28% from arts and entertainment.
- Stripe also ranks first among the top 10,000, top 100,000, and top 1 million websites on the Internet.
Conclusion
Technological progress is changing markets through digitalization. Online shopping and digital payments are growing fast, with someone buying something online every second around the world. Platforms like Stripe make it easy to send money from one user to another. Using payment services like Stripe, we can book movie tickets, sign up for online courses, order food, and shop online.
Stripe is one of the most trusted and widely used online payment systems because it is safe and rarely experiences fraud. Because of this, it is a popular choice for many people. We have shed enough light on Stripe Statistics through this article.
Sources
FAQ.
Even though PayPal has more users than Stripe, having PayPal as a payment option on your website is definitely beneficial. However, Stripe has an advantage over PayPal because it offers more payment choices, including digital wallets and a wider range of card networks, giving customers more flexibility and options.
The service has some key drawbacks to consider. High Processing Fees: The standard fee is 2.9% + $0.30 per transaction, and there may be additional monthly or hidden fees. This can add up quickly, especially for businesses that handle a lot of transactions.
We live in an age when focusing on a specific group is key. If you try to reach everyone, you’re not really reaching anyone. Stripe is upfront about its focus on developers as its main target audience.
Amazon is the biggest e-commerce and tech company globally and one of Stripe’s key customers. Amazon works with Stripe to implement digital solutions at a large scale and improve the customer experience. Amazon has 1.5 million employees and makes $554.03 billion in revenue.
Joseph D'Souza started Coolest Gadgets in 2005 to share his love for tech gadgets. It has since become a popular tech blog, famous for detailed gadget's reviews and companies statistics. Joseph is committed to providing clear, well-researched content, making tech easy to understand for everyone. Coolest Gadgets is a trusted source for tech news, loved by both tech fans and beginners.
