Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet
https://techcrunch.com/2020/04/16/stripe-raises-600m-at-36b-valuation-in-series-g-extension-says-it-has-2b-on-its-balance-sheet/
The economy may be contracting as a result of the COVID-19 pandemic, but promising startups are still continuing to raise money to shore up their finances for whatever may lie ahead.
In the latest development, Stripe, a well-known payments unicorn, today announced that it had raised another $600 million in new capital, money that it plans to use to continue investing in product development, further global expansion, and strategic initiatives.
Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet
Apr 16, 2020, 4:40pm UTC
https://techcrunch.com/2020/04/16/stripe-raises-600m-at-36b-valuation-in-series-g-extension-says-it-has-2b-on-its-balance-sheet/
> The economy may be contracting as a result of the COVID-19 pandemic, but promising startups are still continuing to raise money to shore up their finances for whatever may lie ahead.
> In the latest development, Stripe, a well-known payments unicorn, today announced that it had raised another $600 million in new capital, money that it plans to use to continue investing in product development, further global expansion, and strategic initiatives.