# Stripe’s 2022 annual letter

<https://stripe.com/annual-updates/2022>

- Host: [stripe.com](https://links.thingelstad.xyz/hosts/stripe.com/)
- Saved: April 5, 2023 (2023-04-06T01:58:57Z)
- Record: https://links.thingelstad.xyz/links/e47bfdd8622d/
- JSON: https://links.thingelstad.xyz/links/e47bfdd8622d.json

## What Jamie wrote

Annual letter from the founders of Stripe. Stripe is one of the technology companies that I always keep an eye on. They are building enabling technology that is impressive for payments, but equally important is how they build it and how they take that to market. The amount of innovation that is enabled by Stripe is incredible.

> More than 100 companies now handle more than $1 billion in payments with Stripe every year. This set continues to grow rapidly, expanding by more than 50% each year since 2018. Some of this expansion is about established titans, but most isn't. Part of the joy of working at Stripe is partnering with early startups on their way to meteoric success. Of these 100+ category leaders, more than half have grown their revenue 10x while on Stripe, and over a quarter have grown 100x. Many now-household names, such as Instacart, Substack, and DoorDash (originally known as "Palo Alto Delivery") charged their customers with us from the very beginning. 
> 
> In total, the number of new businesses coming to Stripe increased by 19% in 2022, with an average of more than 1,000 new ventures launched every day. While the US is currently our largest market, 55% of the businesses that joined Stripe last year were based outside of the US. Stripe now supports businesses in more than 50 countries. 
 
And how about this line at the end of the letter.

> One in ten people in the world transacted with a business powered by Stripe in 2022. 

Incredible.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT249: Weekly Thing #249 / GPT, Privacy, Crypto](https://weekly.thingelstad.com/archive/249/), Notable

## Same host

- [Stripe — The Developer Coefficient: Software engineering efficiency and its $3 trillion impact on global GDP](https://links.thingelstad.xyz/links/4ae2dc4bc17a/) (stripe.com, January 29, 2020)
- [Stripe Newsroom: COVID-19 precautions for Stripe employees and customers](https://links.thingelstad.xyz/links/92e3c04240cd/) (stripe.com, March 5, 2020)
- [Stripe Tax: Automate tax collection on your Stripe transactions](https://links.thingelstad.xyz/links/fc739a5165df/) (stripe.com, June 17, 2021)
- [Stripe Identity: Verify identities with confidence](https://links.thingelstad.xyz/links/a331a67ca4b6/) (stripe.com, June 17, 2021)
- [Global payment solutions for Web3](https://links.thingelstad.xyz/links/236c7a366da0/) (stripe.com, March 14, 2022)

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://stripe.com/annual-updates/2022