Stripe co-founder: After acquiring Privy, its revenue increased to about 9 times what it was before, and the scale of wallet assets increased to about 25 times

Oct 16, 2026 00:00:06

Patrick Collison, co-founder of Stripe, stated that since Privy joined Stripe more than a year ago, the asset scale in its wallet has increased to about 25 times, the number of monthly active developers has grown to about 3 times, and revenue has increased to about 9 times, currently facilitating nearly $25 billion in transactions each month.

Companies like Ramp, Deel, Klarna, and Hyperliquid are building embedded banking features based on Privy. Stripe is deeply integrating Privy into Treasury, Link, and Connect to accelerate global expansion and feature development, and plans to launch the Link balance feature. Privy's wallet infrastructure also supports AI agents to conduct transactions and earn revenue, with related applications including Merit Systems and Nevermined. Collison expects the agent economy to continue to grow rapidly. The two parties are building a unified API to support holding stablecoin balances and earning yields, fiat fund transfers in and out, and arranging expenditures via bank cards. Collison also mentioned that there is still a lot of work to be done on the integration between Privy, Bridge, and other Stripe businesses.

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