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Friday, April 19, 2024
HomeFinTechStripe: Raises $600M; Valued at $95 Billion

Stripe: Raises $600M; Valued at $95 Billion

Date:

  • Stripe, a San Francisco, CA-based provider of a payments infrastructure for the internet, raised a $600m funding round at a $95 billion valuation
  • The company will use the capital to invest in its European operations, its Dublin headquarters in particular, and expand its Global Payments and Treasury Network
  • The company now counts more than 50 category leaders—companies processing each more than $1 billion annually—as customers
  • Stripe has also built a Global Payments and Treasury Network, as well as a growing roster of products and services atop that foundation
  • In 2021, the company will continue to build its network
  • It will also soon be available to millions more businesses in Brazil, India, Indonesia, Thailand and the UAE

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