Stripe valuation declines to $63bn from $95bn high after internal repricing - reports
Online payments company cuts internal valuation of its shares for the third time since June
Stripe has slashed the internal valuation of its shares again in a move that values the company at $63 billion (€58.5 billion), versus a peak of $95 billion, according to media reports.
The online payments company, which is privately owned, has reportedly cut the internal value of its shares by 11 per cent, the third such reduction recorded since June. The repricing leaves Stripe’s internal per-share value at $24.71, down 40 per cent since ...