Stripe reports 25% increase in payment volume to over $1 trillion in 2023, surpassing 2022's $817 billion.
Stripe, a leading fintech firm, reported a 25% increase in payment volume, reaching over $1 trillion in 2023. This surpasses the $817 billion posted in 2022. Stripe co-founders John and Patrick Collison stated the company was cash-flow positive in 2023 and expects to remain so in 2024, allowing for long-term investments. Stripe's annual revenue run rate is now over $500 million.
March 13, 2024
12 Articles