Stripe: Secondary Market and IPO Plans
Stripe is a global fintech ecosystem processing billions of transactions worldwide. The company accounts for around 7% of global online payment volumes and plays a key role in the development of e-commerce.
Stripe’s products allow businesses of all sizes to quickly integrate and scale payment acceptance, reducing costs and accelerating growth. By the end of 2023, the company served more than 3.5 million corporate clients in 47 countries, including technology leaders such as Amazon, Google, Microsoft, Shopify, Uber, and Salesforce.
Our Investment in Stripe
In 2023, Axevil Capital acquired Stripe shares on the secondary market at a $52.5 billion valuation — below the company’s last major funding round valuation of $95 billion in 2021.
In 2024, the company conducted a tender offer at a $65 billion valuation. By 2025, secondary market transactions were executed at valuations exceeding $80 billion, reflecting renewed investor interest in leading private fintech companies.
Why We Believe in Stripe’s Growth
E-commerce potential. The US remains the world’s second-largest e-commerce market, with relatively low online payment penetration, leaving substantial room for Stripe’s continued expansion.
Revenue tied to client growth. Stripe earns a commission (~1.8%) on processed payments. The faster its clients grow, the faster Stripe’s revenues increase.
International expansion. The company is actively growing across Asia, particularly in Japan and Southeast Asia, where digital payments are expected to multiply.
Atlas ecosystem. Stripe’s startup launch program has supported the creation of more than 25,000 new businesses, many of which became Stripe clients, reinforcing the ecosystem and building a long-term customer base.
Retention of its leadership in global fintech makes Stripe one of the most significant private companies ahead of its IPO. Strong financial foundations, a broad client base, and international expansion position it as a key player at the intersection of technology and finance. For Axevil Capital, this investment exemplifies participation in companies shaping the infrastructure of the global digital economy.
