Tech

Stripe weighing plans to go public within 12 months

Company also considering whether or to allow employees to sell shares in a private-market transaction as an alternative to listing

Stripe founders Patrick and John Collison are reportedly considering to take the company public. Picture: Bloomberg

Online payments company Stripe is reportedly considering an initial public offering (IPO) within the next 12 months.

The Wall Street Journal has first reported that founders Patrick and John Collison had informed employees that the company is weighing up plans to go public in the next year. It is also considering whether to allow employees to sell shares in a private-market transaction as an alternative.

The Wall Street Journal said Stripe has hired Goldman Sachs ...