Notes from Stripe's 2023 Annual Letter: • processed $1T in transaction volume, up 25% y/y • cash flow positive • 1 out of every 6 new Delaware corporations incorporates with Stripe Atlas • Aggregate revenue from AI companies using Stripe grew by 249% in 2023 • Revenue…
The Stripe annual letter is out: https://t.co/tjDebqbB3v My favorite bit, but I'm biased: 50,000 Stripe Atlas companies with a (totaled) revenue run rate over $5 billion a year. Internet fist bump to you all. https://t.co/KrkDQr3fob
Stripe’s growth continues to impress as total payment volume tops $1T https://t.co/O6l6c3Q1X7

Stripe, the payments fintech company valued at $65 billion, announced in its 2023 annual letter that its total payment volume surged by 25% last year, reaching more than $1 trillion. This milestone underscores Stripe's growing influence in the global economy, with the company's operations now representing roughly 1% of global GDP. The annual letter highlighted several key points, including Stripe's cash flow positive status, the role of Stripe Atlas in incorporating 1 out of every 6 new Delaware corporations, and the substantial 249% revenue growth from AI companies using Stripe's services. Additionally, Stripe Atlas now boasts 50,000 companies with a combined revenue run rate exceeding $5 billion annually. The letter also emphasized the importance of startups going live on Stripe, reflecting the vibrant ecosystem Stripe continues to nurture despite a pullback in venture capital investment.




