Revenues at Stripe's EMEA, Asia Pacific business up 26%

📆 9/28/2023 4:45 PM
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A Dublin based unit of the Collison brothers-led Stripe last year clocked up average weekly revenues of $54.86m.

New accounts filed by Stripe Payments International Holdings Ltd show that the online payments business enjoyed a $597.4m or 26.5% increase in revenues rising from $2.25 billion to a record $2.852 billion last year.

The directors state that the group carries on significant research and development activities and the group's administrative expenses increased by $245.9m from $475.4m to $721.4m in 2022. Forbes estimates that Patrick and John each have a net worth of $5.5 billion and more than 100 companies now handle more than $1 billion in payments with Stripe every year.

Numbers employed by Stripe across the EMEA and APAC regions last year increased by 719 from 1,048 to 1,767.

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