Stripe - OpenRouter
MN-90037
Stripe, LLC (**Stripe**) proposes to acquire 100% of the outstanding capital stock of OpenRouter Inc. (**OpenRouter**). Stripe is a financial technology group active in the provision of payment processing and financial infrastructure software for businesses. Stripe’s services grant companies the ability to accept credit card payments, digital wallets, and global currency transactions. Stripe provides an AI gateway feature as part of a token billing service for Stripe customers. OpenRouter is a technology company active within the wider artificial intelligence sector, in the provision of infrastructure services that facilitate access to Large Language Models and other generative AI models. OpenRouter’s business focuses on enabling access, comparison and use AI models from different providers through a single interface. The AI gateway is OpenRouter’s only product.
Status
Under assessment
Stage
Phase 1 - initial assessment
Notified
2 October 2026
Acquirers
- Stripe, LLC
Targets
- OpenRouter, Inc.