Stripe processes €910m worth of payments in 2023

According to a letter from founders John and Patrick Collison, twice as many AI companies went live on their platform last year compared to 2022

Stripe was founded in 2009 by Limerick brothers Patrick and John Collison, who said the company's cash flow has been 'robustly' positive in 2023. 

The Irish founded payments platform Stripe processed more than $1 trillion (€910m) in payments during 2023, an increase of 25% compared to the year prior following a surge in revenue generated by AI companies.

Stripe was founded in 2009 by John and Patrick Collison. In the brothers’ latest annual letter, they said the company's cash flow has been “robustly” positive in 2023 which is expected to continue through this year.