Irish-founded payments platform Stripe has said it processed more than $817 billion in 2022.
In an annual letter from the company founders, Limerick brothers Patrick and John Collison, Stripe said last year's figure was a 26% increase on 2021 but slower than previous years' growth.
"This is a significant deceleration from the breakneck growth that we saw during 2020 and 2021," the letter stated.
"At the same time, we are as confident as ever in the internet economy's long-term prospects, and we’re heartened by the steady advancement of the millions of businesses we serve in the face of banking crises, war, pestilence, energy shocks, supply chain issues, inflation, and broader volatility," the Collison brothers wrote.
More than 100 companies now handle more than $1 billion in payments with Stripe every year.
Last month, Stripe announced that it had raised an additional $6.5 billion in funding. But the money was raised at a valuation of $50 billion, just over half of what the tech company was valued at the last time it raised capital two years ago.
In November 2022, Stripe said it would reduce its global workforce by 14%, resulting in 1,000 redundancies.
At the time the firm employed 600 people here.
