Stripe, the digital payments platform, has announced a tender offer valuing the company at $91.5 billion, an increase from its $65 billion valuation a year ago. This tender offer allows employees and shareholders to sell their shares, providing liquidity without the company going public. The valuation is the closest Stripe has come to its peak of $95 billion in 2021. Stripe has no near-term plans for an IPO. In its annual letter, Stripe reported a total payment volume of $1.4 trillion in 2024, a 38% increase year-over-year. The company stated it was profitable in 2024 and expects to remain so in 2025. This growth is attributed to Stripe's expanding client base, which now includes half of the Fortune 100 companies. Stripe's payment volume represents 1.3% of global GDP, with 80% of the Forbes Cloud 100 and 78% of the Forbes AI 50 as clients. Stripe's co-founder John Collison highlighted the impact of the artificial intelligence sector on the company's growth, noting that high-profile AI startups such as OpenAI, Anthropic, Perplexity, and Mistral are among its clients. The company also mentioned the launch of over 700 AI agent startups on its platform last year. Stripe Billing has passed a $500 million revenue run rate, and the company is exploring the potential of stablecoins for future growth.