Strong growth sees Irish company Stripe significantly increase valuation

The majority of funding for the tender offer will come from investors, including Thrive Capital, Coatue and Andreessen Horowitz (a16z), alongside other backers.

Stripe will also deploy a portion of its own capital to repurchase shares.

The announcement coincided with the publication of Stripe’s 2025 annual letter, which outlined what the company described as a strong year for both businesses using its platform and the wider internet economy.

Businesses running on Stripe generated $1.9 trillion in total payment volume in 2025, up 34% year-on-year.

That figure is equivalent to roughly 1.6% of global GDP.

Beyond payments, the company said its Revenue suite – which includes Stripe Billing, Invoicing and Tax – is on track to reach a $1bn annual run rate this year.

In their letter, co-founders Patrick Collison and John Collison said Stripe’s programmable financial services now power more than five million businesses, either directly or via platforms.

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John Collison.

These include all of the top AI companies, 90% of the Dow Jones Industrial Average, 80% of the Nasdaq 100, and 25% of all Delaware corporations created through Stripe Atlas.

The founders said the company remained “robustly profitable”, enabling continued investment in product development and acquisitions.

More than 350 product updates were delivered last year.

Kareem Zaki, partner at Thrive Capital, said Stripe had built what he described as the “premiere financial infrastructure stack for the internet economy”, supporting companies with payments, billing, fraud prevention and tax.

He added that while the core business is strong, Stripe’s leadership in areas such as agentic commerce and stablecoins positions it for further expansion.

Stripe also reported record performance among new businesses joining its platform in 2025.

More companies signed up than in any previous year, with 57% based outside the US.

The 2025 cohort grew around 50% faster than the 2024 group, and the number reaching $10 million in annual recurring revenue within three months of launch doubled year-on-year.

Based on a valuation of $159bn, the Collison brothers, who are reported to own between 20% and 24% of the company, are valued at between $15bn and $19bn each.

* This article was originally published on BusinessPlus.ie.