4:46:43 PM PDT - Friday, March 24th, 2023

Stripe now valued at $50B following $6.5B raise  

By Editor - Wed Mar 15, 3:17 pm

Digital payments company Stripe announced Wednesday that it raised over $6.5 billion in Series I funding to value the company at $50 billion. As we reported earlier this month , the payments giant was expected to raise a lower amount of funding, around $2 billion, though at $60 billion valuation. More recently, Stripe was publicly valued at $95 billion. New investors in the round include GIC, Goldman Sachs Asset and Wealth Management and Temasek. They joined existing investors Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners and Thrive Capital

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Stripe now valued at $50B following $6.5B raise

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