JPMorgan says Stripe’s ‘twin revolutions’ in AI and money movement could unlock a $350 billion market

JPMorgan analysts said Stripe is positioning itself to lead what they described as “twin revolutions in intelligence and money movement,” forecasting the company could tap into a $350 billion-plus market opportunity by the end of the decade.

The report, published Thursday by analysts Jon Hacunda, Lula Sheena, and Celal Sipahi, highlighted Stripe’s growing role in both AI-powered commerce and digital-asset infrastructure.

The $107 billion fintech firm processes more than $1.4 trillion in payments annually across 195 countries and turned a profit last year, with net revenue climbing 28% year-over-year to about $5.1 billion.

JPMorgan described Stripe as “a beneficiary of borderless financial services” and said its early traction with AI startups gives it a structural advantage as "agentic commerce" scales.

Stripe has also made inroads into the crypto and stablecoin sectors though acquisitions of Bridge, a stablecoin orchestration platform, and Privy, a crypto-wallet provider. The company is also incubating Tempo, a Layer-1 blockchain built for high-throughput payments in partnership with Paradigm.

Stripe CEO Patrick Collison has described Tempo as “the payments-oriented L1, optimized for real-world financial-services applications.” Last week, the network revealed it had raised $500 million at a $5 billion valuation.

JPMorgan said those initiatives put Stripe in a position to benefit as AI agents, stablecoins, and programmable money become integrated into global commerce.

Still, the analysts noted risks tied to enterprise expansion, unbundling, and regulatory exposure, especially around stablecoin oversight in the U.S. and MiCA rules in Europe.