Privy Marks One Year Since Stripe Acquisition with 25x Growth in Custodied Assets and 9x Revenue Growth

Odaily News: Stripe CEO Patrick Collison posted on X, saying today might be a good time to look back at the data and performance of Privy one year after Stripe's acquisition.

Patrick said that over the past year, the Privy team's execution has been extremely impressive: wallet-custodied assets grew about 25x, monthly active developers increased about 3x, and revenue grew about 9x. Today, Privy processes close to $25 billion in transaction volume per month. Ramp, Deel, Klarna, Felix, Hyperliquid, and thousands of other businesses are all building embedded banking features on top of Privy. Within Stripe, Privy is being deeply integrated into products such as Treasury, Link, and Connect.