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(PSTH) - Stripe Now Valued At $95B: Could SPAC Deal Or IPO Be Years Away?


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Stripe, a fintech company with headquarters in Ireland and North America, has announced a new funding round of $600 million.
What Happened: Investors in the funding round including Allianz, Axa, Baillie Gifford, Fidelity, Squoia and the National Treasury Management Agency of Ireland.
The funding round values Stripe at $95 billion.
The capital raised will be used by Stripe to invest mainly in Europe, where the company said it s seeing surging demand for its enterprise business.
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The company counts Jaguar Land Rover, Maersk, Metro, Deliveroo and Klarna among its partners. Over 50 category leaders that process $1 billion in annual payments are Stripe customers. ....

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