The 2024 annual letter revealed Stripe's robust financial performance, with the company achieving profitability and expecting to maintain it in 2025 and beyond12. This financial success is underpinned by the company's impressive payment volume, which reached $1.4 trillion in 2024, equivalent to approximately 1.3% of global GDP13. The letter also highlighted Stripe's commitment to reinvesting a higher proportion of earnings into research and development compared to similar companies, focusing on emerging technologies like stablecoins and AI to support businesses in navigating the evolving digital landscape45.

The 2024 annual letter highlighted Stripe's expanding partnerships with major corporations and innovative startups. Half of the Fortune 100 companies now utilize Stripe's services, demonstrating its growing influence in the enterprise sector1. Additionally, the platform has become the preferred choice for cutting-edge businesses, with 80% of the Forbes Cloud 100 and 78% of the Forbes AI 50 relying on Stripe's financial infrastructure2. This widespread adoption across diverse industries underscores the company's ability to cater to both established giants and emerging tech leaders, positioning it as a crucial player in the evolving digital economy.

Recognizing the growing importance of digital currencies, Stripe has made strategic moves in the stablecoin sector, including the acquisition of Bridge, a stablecoin orchestration platform, in 20241. The company is now assisting enterprises in developing their stablecoin strategies, positioning itself at the forefront of this emerging financial technology1. Simultaneously, Stripe has embraced the AI revolution, with over 700 AI agent startups launching on its platform in 20241. To support this trend, the company offers a toolkit for developers building AI agents, which is being downloaded thousands of times weekly, demonstrating Stripe's commitment to fostering innovation in the rapidly evolving AI landscape1.

In a significant move for employee liquidity, Stripe has finalized a tender offer allowing investors to purchase shares from current and former employees at a valuation of $91.5 billion. The company also announced its intention to repurchase shares as part of this transaction. While Stripe has not yet disclosed plans for going public, this move provides a valuable opportunity for employees to realize some of the value of their equity holdings.1

The tender offer involves "largely" existing investors, according to a Stripe spokesperson, though specific participants were not named. Stripe's investor base is extensive, with over 150 backers including prominent names such as General Catalyst, GV, Silver Lake, Atomico, Elon Musk, and Salesforce. This transaction underscores the continued confidence of investors in Stripe's growth potential and market position, even as the company maintains its private status.1