Tech
Stripe’s valuation rebounds to $65 billion on the back of share deal
The $65 billion valuation remains below a $95 billion valuation in 2021
Stripe’s valuation has jumped to $65 billion on the back of a deal with investors which will allow staff cash out some of their shares in the payments giant.
As part of the deal, Stripe, led by Patrick and John Collison, said Stripe and some investors will buy more than $1 billion in stock from staff members, according to a person familiar with the matter who asked not to be identified discussing private information.
The $65 billion valuation — while up from a $50 billion valuation last March — remains below a $95 billion valuation it scored in 2021 when the firm raised $600 million in funding.
