Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Payments General

Stripe raises USD 100 mln at a USD 22 bln valuation

Wednesday 30 January 2019 | 12:31 PM CET

According to The Information, Stripe has raised USD 100 million from Tiger Global, after raising USD 245 million from the same company.

The September funding round increased the company's valuation from USD 9 billion to USD 20 billion. However, this round of funding helped Stripe’s valuation to boost to USD 22 billion.

Founded in September 2011, the company aims to provide an easy way for online businesses to accept payments. Since then, Stripe has shown interest in cryptocurrency, contributing in 2014 with USD 3 million to help get Stellar going further.

However, in 2018, Stripe dropped any support for Bitcoin. Stripe is also part of a class of developer-first companies including Shopify, Twilio, and SendGrid, aiming to facilitate the participation of any company in online commerce and marketing.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement