Stripe reveals it passed $1 trillion in total payment volume in 2023
Publishing timestamp: 2024-03-13 11:43:36
Summary
Fintech giant Stripe surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. Co-founders attribute growth to enterprise business, startups adopting products, and billing and tax services. Despite challenging conditions for startup fundraising, Stripe's data shows startups founded in 2022 are generating revenue at a faster pace than those founded in 2019.
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Keywords: technology, andrew ross sorkin, consumer electronics, social media, mobile, paypal holdings inc, business news, breaking news: technology,