This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.

Stripe May Be the Biggest Unicorn in The US – See the Data Driving the Payments Startup

Thinknum Media

Thinknum Media
Visit: Thinknum Media


Finance Editor

Mobile payments apps are transforming in the pandemic, as more users flock to online platforms to manage transactions.

The post-COVID shakeup of Silicon Valley and beyond has impacted every startup in the digital marketplace. And for now, it seems that Stripe ($STRIPE) is coming out on top, in the US at least. According to a BusinessWorld report, Stripe is now the most highly-valued startup in the US, only outpaced by a pair of Chinese disruptors. 

There are plenty of leading startups still worth a fortune; take Airbnb, for example, very much a unicorn, just one with a shrinking headcount and shrinking social media audience as more Americans come to grips with the fact that their 2020 won’t involve going too far away from home. But because Stripe is among a class of mobile payment companies able to access a broader user network – and clearly doing so – its valuation is soaring, as other Silicon Valley stalwarts see theirs do just the opposite. 

Stripe - LinkedIn headcount

First, Stripe grew right through the pandemic and continued growing. According to our tracking of Stripe’s LinkedIn Headcount, staffing has risen 15% in 2020. 

Stripe Job postings

However, while Stripe was staffing up and adding hundreds of new workers, its job postings tally declined more than 20% year-over-year. Some of this could simply be a byproduct of Stripe doing more to bring people into the company, than to advertise jobs, however. 

And, now, Stripe is rolling out a card issuing product, which will further deepen ties with new consumers. 

Stripe - Twitter followers

Perhaps best of all for Stripe, social media engagement picked up during the pandemic, and so far this year, its Twitter follower count has risen 8%. 

As a rising number of coronavirus cases are threatening the reopenings of numerous major metropolitan areas and US states, one has to wonder if the time to go cashless is 2020 – because consumers may never come back. 

About the Data:

Thinknum tracks companies using the information they post online – jobs, social and web traffic, product sales, and app ratings – and creates data sets that measure factors like hiring, revenue, and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales.

Originally Posted on June 22, 2020 – Stripe May Be the Biggest Unicorn in The US – See the Data Driving the Payments Startup

Disclosure: Interactive Brokers

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Thinknum Media and is being posted with permission from Thinknum Media. The views expressed in this material are solely those of the author and/or Thinknum Media and IBKR is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

trading top