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

March 16, 2021

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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