Stripe, Inc.
Acquisitions
8
Major Deals Covered
$8.8B
Disclosed Deal Value
Stripe's largest disclosed acquisition here is OpenRouter for $7.5B in 2026. This page covers 8 major deals from 2020 to 2026, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Paystack | 2020 | $200.0M | Stripe acquired Nigerian payments company Paystack for a reported $200 million to expand in African markets. |
| Recko | 2021 | Undisclosed | Stripe acquired Recko in 2021. |
| TaxJar | 2021 | Undisclosed | Stripe acquired TaxJar in 2021. |
| Lemon Squeezy | 2024 | Undisclosed | Stripe acquired Lemon Squeezy in 2024. |
| Bridge | 2025 | $1.1B | Stripe agreed in October 2024 to buy stablecoin platform Bridge for a reported $1.1 billion and completed the deal in February 2025. |
| Privy | 2025 | Undisclosed | Stripe acquired Privy in 2025. |
| Metronome | 2025 | Undisclosed | Stripe agreed to acquire usage-based billing company Metronome to strengthen its billing products for AI and software companies. |
| OpenRouter | 2026 | $7.5B | In August 2026 Stripe agreed to acquire OpenRouter, an AI model gateway that routes token usage across 400+ models from more than 80 providers. Terms were not disclosed; The New York Times reported a price of about $7.5 billion. |
2026
$7.5B
In August 2026 Stripe agreed to acquire OpenRouter, an AI model gateway that routes token usage across 400+ models from more than 80 providers. Terms were not disclosed; The New York Times reported a price of about $7.5 billion.
2025
$1.1B
Stripe agreed in October 2024 to buy stablecoin platform Bridge for a reported $1.1 billion and completed the deal in February 2025.
Bridge became the base of Stripe stablecoin accounts, payouts and issuing products.
Stripe said Bridge volume quadrupled after the acquisition.
2025
Stripe acquired Privy in 2025.
2025
Stripe agreed to acquire usage-based billing company Metronome to strengthen its billing products for AI and software companies.
2024
Stripe acquired Lemon Squeezy in 2024.
2021
Stripe acquired Recko in 2021.
2021
Stripe acquired TaxJar in 2021.
2020
$200M
Stripe acquired Nigerian payments company Paystack for a reported $200 million to expand in African markets.
Paystack gave Stripe local payment methods, licenses and teams in Nigeria, Ghana, South Africa and Kenya.
Paystack continues to operate as a Stripe company serving African businesses.
Stripe is growing by selling more products to existing users and by moving up-market to large enterprises, while building for new payment flows. In 2025 it shipped more than 350 product updates, expanded stablecoin accounts and payouts, and launched agentic commerce tools with OpenAI. In 2026 it agreed to buy OpenRouter so businesses can route and pay for AI model usage through Stripe, and it explored a $53 billion takeover of PayPal with Advent International before walking away in August.
Stripe earns most of its money from fees on payments it processes, typically a percentage plus a fixed fee per card transaction, with negotiated rates for large enterprises. On top of that it sells software and services: Connect for platforms and marketplaces that pay out sellers, Billing and the wider Revenue suite for subscriptions and usage-based pricing, Tax, Radar fraud screening, Terminal for in-person payments, Issuing for cards, Treasury and money movement, and stablecoin infrastructure through Bridge. Stripe said its Revenue suite was on track for a $1 billion annual run rate.
In October 2024, Stripe acquired Bridge for approximately $1.1 billion in cash and stock. Founded by former Square and Coinbase executives Zach Abrams and Sean Yu, Bridge developed a software platform enabling businesses to create, accept, and send stablecoins (such as USDC and USDT), marking the largest acquisition in crypto history.
Bridge provides the infrastructure for borderless, programmable money movement. Instead of routing international payments through slow, expensive SWIFT banking networks and high foreign exchange fees, Stripe can move money globally via dollar-pegged stablecoins with instant settlement for fractions of a penny.
In October 2020, Stripe acquired Nigerian payment gateway Paystack for over $200 million in cash. Dubbed the "Stripe of Africa," Paystack allowed Stripe to accelerate payments infrastructure across Nigeria, Ghana, South Africa, and Kenya, capturing Africa's booming digital economy.
In April 2021, Stripe acquired automated sales tax software provider TaxJar for an estimated $200+ million. TaxJar formed the foundation of Stripe Tax, providing automated state and international tax calculation, nexus monitoring, and multi-state tax filing directly inside Stripe.
In May 2021, Stripe acquired Bouncer, a specialized credit card fraud detection startup. Bouncer's technology was integrated into Stripe Radar, enabling real-time card scanning via smartphone cameras to authenticate cardholder identity and prevent fraudulent checkout attempts.
In March 2018, Stripe acquired Index, an in-store retail point-of-sale software developer co-founded by former Google Wallet executives. The acquisition provided key physical software infrastructure that accelerated the rollout of Stripe Terminal.
In 2019, Stripe acquired Touché, a Singapore-based payments and smart POS startup, expanding Stripe's hardware engineering capabilities across Southeast Asia.
Stripe builds most of its core software internally using first principles. It pursues M&A selectively when a target provides: 1) Breakthrough regulatory rails in emerging regions (Paystack in Africa); 2) Complex multi-jurisdiction compliance software (TaxJar); or 3) Transformative cross-border protocols (Bridge for stablecoins).
Over its history, Stripe has acquired numerous boutique engineering and design firms—such as Kickoff (task management), Teehan+Lax (design agency), and RunKit (interactive node playground)—absorbing elite technical leadership into its product squads.
Alongside M&A, Stripe operates an active corporate venture portfolio, investing in emerging fintech and developer infrastructure companies globally, including Monzo, Ramp, TrueLayer, Fast, and frontier carbon removal startups.
No. Stripe has deliberately avoided acquiring consumer peer-to-peer apps (like Venmo or Cash App), remaining focused strictly on B2B infrastructure, developer tools, and enterprise payments.
Stripe is expected to pursue further strategic acquisitions in global stablecoin payout rails, AI-powered developer workflows, advanced fraud identity verification, and local payment clearing licenses across Latin America and Asia.
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