Fintech startup Stripe is now worth $159 billion after a secondary sale of shares to employees and shareholders, the company announced Tuesday.
This valuation represents sharp growth compared to the $91.5 billion a year ago. Stripe’s valuation nearly tripled to $95 billion in 2021.
According to a company release, Thrive Capital, Coatue Management, a16z and others are participating in the tender offer, and Stripe also plans to buy back its own shares. Current and former employees are eligible to sell their shares.
The company also provided an update on its business, with total payments volume increasing to $1.9 trillion in 2025, an increase of 34% year over year. Stripe said its revenue suite is on track to reach an annual run rate of $1 billion in 2026.
Stripe co-founder and president John Collison said in an interview with CNBC’s Andrew Ross Sorkin that major enterprise companies such as Microsoft and Nvidia are increasingly looking to the company’s products, along with a “very fast-growing group” of artificial intelligence companies.
“AI is really a tailwind for business,” Collison said.
Founded in 2010 by brothers John and Patrick Collison, Stripe makes software that allows businesses to process payments online. The company ranked 10th on CNBC’s 2025 Disruptor 50 list.
The startup has emerged as one of the most valuable fintech companies, with investors eagerly anticipating a potential initial public offering.
Collison said Stripe’s business is at an “incredible moment of takeoff” and that an IPO will ultimately distract from other goals.
“For us at this point, an IPO would be a solution to a problem,” Collison said. “We are bootstrapped, we are growing very well, and we have a lot of new products we want to create, so we don’t need any additional capital at this time.”
Going public is not “one of our top five, 10, 20 priorities,” he added.
Stripe said it expects to be “robust” profitable in 2025 while continuing to pursue acquisitions and invest heavily in product development.
The company acquired billing startup Metronome in January. Last year, the company acquired cryptocurrency wallet provider Privy and cryptocurrency startup Bridge for $1.1 billion, its largest acquisition to date.
CNBC’s Jacqueline Korba and Annie Palmer contributed to this article.
