GCEIP 500 Global rank #35 · United States
Stripe: the payments infrastructure behind a large share of online commerce
Businesses using Stripe processed $1.4 trillion in payments during 2024, according to the company’s annual update. The figure gives a sense of the payment rails that sit behind many online businesses.
The company
What it does
Stripe provides payments processing and financial software to internet businesses. Its products cover online checkout, billing, fraud tools, tax, identity verification and other services that companies use to accept payments and manage money.
Across markets
Stripe reported $1.4 trillion in total payment volume in 2024, up 38% from the year before. That is the aggregate value of payments processed by businesses using Stripe, not Stripe’s revenue or its own contribution to global GDP. The infrastructure gives online sellers a common way to accept payments across markets, while merchants still face local rules, payment fees and the challenge of converting customer demand into sustainable businesses.
The company’s footprint and context are linked to the public sources below.
GCEIP view
What the record tells us
TIME selected Stripe for its 2021 and 2023 TIME100 Companies lists. These are editorial selections, not awards. Stripe’s influence is largely behind the scenes: it helps businesses start selling online without building payment systems from scratch. GCEIP sees the scale figure as a marker of infrastructure use, while the company’s wider impact is best judged by the businesses it enables and the costs they bear.
Published recognition
Selected results
See published awards and company-list results 2 sources
- TIME100 Most Influential Companies · 2023View source
Leaders
Online payments infrastructure
- TIME100 Most Influential Companies · 2021View source
Innovators
Digital payments; “Catalyzing digital payments”