Stripe in talks over potential $2.5bn investment

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Deal would value the payments provider at $55bn - $60bn, sharply down from the $95bn it was valued at two years ago

Thrive Capital, a US venture capital firm, is leading a potential $2.5 billion investment in payments provider Stripe, at a valuation of between $55 billion to $60 billion, according to media reports.

This valuation would be sharply down from two years ago when the company founded by Patrick and John Collison raised $600 million in a deal that valued it at $95 billion. However, it comes close to the company’s own estimate of its worth ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines