Stripe stock: Stripe is private, and its last share sale valued it at $159 billion

By Maya Koeva · November 10, 2026 · 10 min read

A hairline-outlined payment card with a flat coral stripe sitting behind a low gate of thin vertical bars, locked with a small padlock in the middle, and one small lavender dot in the empty space above, on a dark background.

Stripe stock is private stock. Stripe, the payments company run by the brothers Patrick and John Collison, is not listed on any exchange, so it has no ticker and no share price you can look up. The last price set for it came in February 2026, when a tender offer for employees valued the whole company at $159 billion, up from $91.5 billion a year earlier.

For you, that number is a reference point: you can't trade at it. Only employees, former employees and invited investors took part in that sale. If you want a piece of Stripe today, your options are narrow: a secondary marketplace if you qualify as an accredited investor, or a listed fund that holds a small Stripe stake among many other companies.

TickerNone; Stripe is a private company
Latest valuation$159 billion, February 24, 2026 tender offer
IPONo filing, no date and no price announced
FoundersPatrick Collison (CEO) and John Collison (President)
2025 payment volume$1.9 trillion, up 34% from 2024

What is the Stripe stock symbol?

Stripe has no stock symbol. Its shares are not listed on the Nasdaq, the NYSE or any exchange abroad, so a search for "Stripe" on your broker will not return the company.

NameTickerWhere it tradesWhat it is
StripeNoneNot listedThe private payments company
Scottish Mortgage Investment TrustSMTLondon Stock ExchangeA listed fund that holds Stripe preferred shares among many other holdings
Destiny Tech100DXYZNYSEA listed fund with indirect Stripe exposure through a forward contract

Both funds are listed companies whose portfolios include a Stripe position, and the section on how to invest below shows how small those positions are.

Is Stripe public, and will it IPO?

No, Stripe is not public. It was founded in 2010 and has stayed private through every round of funding since. As of November 10, 2026, Stripe has not filed for an IPO, has not named banks to run one and has not given a date or a price.

The founders have said as much in public. At the World Economic Forum in Davos in January 2026, John Collison told Bloomberg that Stripe was "still not in any rush" to list. When Stripe announced its $159 billion tender offer in February, he told CNBC that an IPO would be "a solution in search of a problem" for a business that funds itself, and that going public was not among its top 20 priorities.

Stripe gives its shareholders cash a different way: it runs tender offers, in which outside investors and Stripe itself buy shares from current and former employees. It has given employees a way to sell every year since 2023. If you searched for a Stripe IPO date or a pre-IPO price, there is none to find.

Stripe is one of several big companies you can't buy directly. Waymo has no ticker either, and our Waymo stock page covers owning it through Alphabet. Anthropic is further along than Stripe: it filed its S-1 on October 26, and our Anthropic IPO page tracks the price and date so far. xAI and Starlink have no stock of their own and trade inside SpaceX, as our xAI stock page and our Starlink stock page explain.

Who owns Stripe?

The Collison brothers, its employees and a long list of venture and institutional investors own Stripe. Stripe does not publish a cap table, so the percentages each holds are not public.

  • Founders: Patrick Collison, the CEO, and John Collison, the President.
  • Investors in its funding rounds: the 2023 Series I was backed by Andreessen Horowitz (a16z), Baillie Gifford, Founders Fund, General Catalyst, MSD Partners and Thrive Capital, with GIC, Goldman Sachs Asset and Wealth Management and Temasek joining as new investors. The 2021 round included Sequoia Capital, Fidelity, Baillie Gifford, Allianz, AXA and Ireland's National Treasury Management Agency.
  • Buyers in the 2026 tender offer: Thrive Capital, Coatue and a16z provided most of the money, and Stripe used some of its own cash to buy back shares.
  • Current and former employees: they hold stock and options, which is why the tender offers exist. None of these stakes trades on an exchange.

Stripe's valuation history

Private deals have set every price for Stripe so far, and the marks have swung widely:

DateEventValuationSource type
March 2021$600 million Series H round$95 billionCompany statement, press reports
July 2022Internal valuation cut$74 billionPress reports (WSJ)
March 2023Series I, more than $6.5 billion, used for employee liquidity and taxes$50 billionStripe announcement
February 2024Employee tender offer$65 billionPress reports (WSJ, Bloomberg)
February 2025Employee tender offer$91.5 billionStripe announcement
September 2025Share buyback from investors$106.7 billionPress reports (Axios, Bloomberg)
February 2026Employee tender offer$159 billionStripe announcement

The 2023 round cut Stripe's value almost in half from its 2021 peak, during the selloff in technology stocks. The marks then climbed for three years in a row. The September 2025 buyback was the first to top the 2021 high, and the February 2026 tender offer added another 49% to that.

Secondary marketplaces post their own price estimates for Stripe, built from trades between accredited investors. Those estimates move between tender offers and can sit above or below the company's last mark. Stripe does not confirm them, so the table above sticks to Stripe's announcements and major press reports.

How big Stripe is

Stripe does not publish its revenue. It reports the volume of payments that businesses run through it, in an annual letter from the founders:

YearTotal payment volumeChange from the year before
2024$1.4 trillion38%
2025$1.9 trillion34%

Stripe said the 2025 figure equals about 1.6% of global GDP. The letter also says Stripe "remained robustly profitable" in 2025 and powers more than 5 million businesses, directly or through platforms. Its Revenue suite, the billing and tax software it sells alongside payments, was on track for an annual run rate of $1 billion in 2026.

Stripe also tried to get bigger by buying a listed rival. Bloomberg reported in February 2026 that Stripe had shown interest in all or part of PayPal. In July, Stripe and the buyout firm Advent International offered $60.50 a share, more than $53 billion in total, and PayPal's board turned it down. Bloomberg reported on August 28 that the two had dropped the pursuit.

How to invest in Stripe

There is no way to buy Stripe stock in a normal brokerage account. The routes that exist are limited, and each comes with conditions:

  1. Work there. Employees receive stock and options and can sell some of them in the company's tender offers. This is the main way Stripe shares change hands.
  2. Buy on a secondary marketplace. Platforms such as Forge, EquityZen and Hiive match buyers with shareholders who want to sell. In the US you generally need to be an accredited investor, minimums are high, and private companies like Stripe can restrict or block transfers of their shares. A listing on one of these sites is not a guarantee that a sale will go through.
  3. Buy a listed fund that holds Stripe. Scottish Mortgage Investment Trust (SMT, London) reported two classes of Stripe preferred shares worth 2.4% of its total assets in its valuation as at September 30, 2026. Destiny Tech100 (DXYZ, NYSE) listed Stripe exposure at 0.2% of its portfolio as of June 30, 2026, held through a forward contract. In both cases you buy the whole fund, mostly other companies, and closed-end funds can trade above or below the value of what they hold.
  4. Wait for an IPO. If Stripe files one day, the S-1 will be public and the shares will trade on an exchange like any other stock. Nothing is filed today.

A crypto token that tracks Stripe's valuation gives you no shares and no claim on the company. If you are new to buying listed shares, start with how to invest in stocks.

Public payment stocks to compare

These listed companies compete with Stripe in online and in-store payments. None of them owns it.

CompanyTickerExchangeOverlap with Stripe
PayPalPYPLNasdaqOnline checkout and payment processing, including Braintree; the company Stripe bid for in 2026
AdyenADYENEuronext AmsterdamPayment processing for large merchants
BlockXYZNYSESquare payments for sellers, plus Cash App
ToastTOSTNYSEPayments and software for restaurants
AffirmAFRMNasdaqBuy now, pay later loans at online checkouts

Each of these trades on a public market every day, so its price reflects what buyers will pay now. Stripe's $159 billion is a single private mark from February.

Common questions

Can I buy Stripe stock?

Not on a public exchange. Stripe is private. Accredited investors can try secondary marketplaces, subject to Stripe's transfer rules, and anyone can buy listed funds such as Scottish Mortgage Investment Trust (SMT) that hold a small Stripe stake.

What is Stripe's stock price?

Stripe has no public stock price because its shares do not trade on an exchange. Its February 2026 tender offer valued the whole company at $159 billion. Stripe did not announce a per-share price.

Does Stripe have a ticker symbol?

No. Stripe has no ticker on any exchange. Searches for a Stripe ticker on a broker will not return the company.

When will Stripe IPO?

Stripe has not announced an IPO and has not filed for one, so there is no date and no price. Its co-founder John Collison said in 2026 that the company is in no rush to list.

How much is Stripe worth?

Stripe was valued at $159 billion in its February 24, 2026 tender offer, up from $91.5 billion in February 2025 and above its 2021 peak of $95 billion.

Who owns Stripe?

Its founders, Patrick and John Collison, its employees, and investors including Andreessen Horowitz, Thrive Capital, Coatue, Sequoia Capital, Founders Fund, General Catalyst, Baillie Gifford, GIC and Temasek. Stripe does not publish how much each owns.

Is Stripe profitable?

Stripe says yes. Its 2025 annual letter says it "remained robustly profitable", without publishing revenue or profit figures.

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Valuations, payment volume and IPO statements are from Stripe's announcements and the press reports listed below, checked November 10, 2026. Fund holdings are from each fund's own disclosure, with the date given in the text.


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