Friday, 24 March, 2023

Stripe raises $600 mn at $95 bn valuations, becomes most valuable Silicon Valley firm

<p>Stripe, a digital payments firm, has raised $600 mn funding at $95 bn valuations to become the most valuable private company Silicon Valley has ever produced. Investors in the decade-old company include Allianz SE, AXA SA, Baillie Gifford, Fidelity Management &amp; Research, Sequoia Capital and Ireland&rsquo;s NTMA. The fresh capital will be invested in European operations, expand Global Payments and Treasury Network. Stripe plans to expand in Japan, China and India.</p> <p>&nbsp;</p>