Stripe raises new capital, reaching $95 billion valuation ahead of highly anticipated market debut

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Stripe has raised a $600 million Series H funding round that boosts its valuation to $95 billion, ahead of what's become a highly anticipated Wall Street debut.

Stripe has raised a $600 million Series H funding round that boosts its valuation to $95 billion.

The digital payments company says it plans to "invest a ton more in Europe this year," using the new capital in 31 European countries of the 42 that it operates worldwide. Next to Robinhood, the fintech company remains one of the largest private unicorns yet to make a highly anticipated Wall Street debut.Online payments technology provider Stripe announced Sunday that it has raised a new $600 million round of funding that values the company at $95 million — nearly triple its last reported valuation of $36 billion from April 2020, according to PitchBook data.

Stripe, which makes software that allows businesses to accept payments over the internet, intends to invest the new capital into its European operations, the company said in a. Thirty-one of the 42 countries that Stripe operates in are located in Europe, and President and Co-Founder John Collison singled out Ireland — where the company is headquartered — as a particular area of focus.

Founded more than a decade ago, today Stripe is by far the most valuable private fintech company, with Robinhood trailing at a roughly $11.7 billion valuation after investors

 

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stripe does not need to ipo :)

凄いですね🤔💭

Damn.

Sooo.. how does an average Joe get a direct piece of this action?

Me: 'Oooo... 17 cents!'

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I’m getting Enron vibes with this company 🤨

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 /  🏆 12. in TH

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