Investment Thesis Map
We mined Stripe’s acquisitions, investments, and partnerships to discern the company's strategic priorities.
Payments company Stripe’s $95B valuation makes it the second most valuable private company in the world. Over the last 2 years, Stripe has forged dozens of strategic business partnerships, invested in almost 20 different companies, and even made a handful of acquisitions.
Many of these relationships extend beyond Stripe’s core offering of e-commerce payments processing. Late last year, Stripe announced partnerships with Barclays, Citibank, and Goldman Sachs to provide business banking-as-a-service. In February 2021, Stripe partnered with Afterpay to expand its merchant offerings to include buy now, pay later checkout. And in August 2021, Stripe made its second investment in the same year into B2B payments platform Balance.
Using CB Insights data, we uncovered the 5 most important strategic priorities highlighted by Stripe’s recent acquisitions, investments, and partnerships. We then categorized companies by their business relationships with Stripe across these priorities.
- Accounting & billing
- B2B payments & sales
- Buy now, pay later (BNPL) & credit cards
- E-commerce & point-of-sale (POS)