Technology Magazine July 2025 | Page 31

STRIPE
TOP 10 – TECHNOLOGY UNICORNS

STRIPE

VALUATION: US $ 91.5BN CEO: PATRICK COLLISON LOCATION: SAN FRANCISCO, USA SIGNIFICANT BACKERS: KHOSLA VENTURES, LOWERCASECAPITAL, CAPITALG
Stripe’ s valuation surged to US $ 91.5bn in February 2025 through a tender offer, up from US $ 65bn in 2024.
The payments giant now serves half of Fortune 100 companies, showcasing its evolution from startup-focused to enterprise-grade. The company has capitalised on the AI boom, with highprofile AI startups OpenAI, Anthropic, Perplexity and Mistral all as clients, and adding more than 700 clients in 2024 that focus on“ agent AI”.
AI-powered optimisations have delivered significant results for clients: Hertz increased authorisation rates by 4 % andForbes saw a 23 % revenue boost.

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WATCH NOW
Stripe’ s 2024 annual letter
Patrick Collison, CEO, Stripe
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