Stripe Says Payments Volume Surged to $1 Trillion Last Year
- Fintech firm was ‘cash-flow positive’ in 2023, founders say
- Revenue-automation service now ‘giant part of the business’
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Stripe Inc., the fintech that helps merchants process customer payments, said volume surged 25% last year to more than $1 trillion.
The total surpasses the $817 billion posted in 2022, according to Stripe’s annual user letter published Wednesday. Volume was up 26% in 2022.