Stripe’s valuation has climbed to $106.7 billion, according to a person with direct knowledge of the matter, Bloomberg has reported, passing the digital-payments firm’s previous peak of $95 billion in 2021.
Long one of the most valuable private fintech companies, the Collison brothers-led Stripe was pegged at $91.5 billion earlier this year.
Like firms including Anthropic PBC and OpenAI, Stripe has opted to remain private as its valuation soared, much to the chagrin of retail investors who have been forced to watch its growth from the sidelines.
In addition to its direct-payments operation, Stripe has also recently been investing in stablecoin technology.
Founded in 2010 by Irish brothers Patrick and John Collison, Stripe was first declared a “unicorn” – a privately-owned company that is valued at more than $1 billion – in 2014.
This year Forbes estimated that Patrick and John each have a net worth of $10.1 billion.
Globally, Stripe – which is headquartered in San Francisco and Dublin – processed transactions generated $1.4 trillion in total payment volume in 2024, up 38% from the prior year.
