Stripe is now worth $35 billion
Stripe is now worth $35 billion: "Stripe’s technology allows internet companies and online marketplaces to accept credit cards for their goods and services and pay out money to the people and firms that sell on their platforms. It processes hundreds of billions of dollars in payments annually for millions of users." It has a long way to catch up with Paypal's $123 billion but the trajectory is evident!
Stripe Inc. climbed closer to the top ranks of the highest-priced U.S. startups after a new fundraising round valued the financial-technology company at $35 billion.
Venture-capital firms Sequoia Capital, General Catalyst and Andreessen Horowitz were among the investors behind the $250 million investment, the company said Thursday. The $35 billion valuation, up about 50% from an early 2019 funding round, puts Stripe above Silicon Valley darlings Airbnb Inc. and Palantir Technologies Inc.