Digital payments firm Stripe valuation soars to $95bln after latest fundraising
Business
March 16, 2021
San Francisco: Digital payments giant Stripe has become the most valuable private company Silicon Valley has produced, after investors struck a deal valuing the online payments processor at $95bn.
Participants in Stripe’s latest financing, which raised $600m of new equity, include Ireland’s National Treasury Management Agency, Allianz, Fidelity, Baillie Gifford, AXA and Sequoia Capital.
Founded in 2010 by Irish brothers Patrick and John Collison now aged 32 and 30 Stripe’s valuation has almost tripled in less than a year, surpassing those achieved by Facebook and Uber before they went public.
The most valuable startup in America is worth more than SpaceX ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.
Stripe s valuation makes it most valuable startup in America cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.