Stripe valuation soars to $122b
Miles Kruppa and Tim Bradshaw
Stripe has become the most valuable private company Silicon Valley has produced, after investors struck a deal valuing the online payments processor at $US95 billion ($122 billion).
Participants in Stripe’s latest financing, which raised $US600 million of new equity, include Ireland’s National Treasury Management Agency, Allianz, Fidelity, Baillie Gifford, AXA and Sequoia Capital.
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