Payments giant Stripe is raising another $250M at a $35B pre-money valuation

Payments giant Stripe is raising another $250M at a $35B pre-money valuation

5 years ago
Anonymous $4ckUSNo_FL

https://techcrunch.com/2019/09/19/stripe-is-raising-another-250m-at-a-35b-pre-money-valuation/

After a week of launching new services to bring payments giant Stripe into the areas of lending and credit, the company is announcing another big step forward to fuel its growth: it’s raising another $250 million in funding at a pre-money valuation of $35 billion, money to fuel more international expansion, launching more products and targeting larger enterprise-sized businesses.

This is a huge jump in valuation for the company: Stripe was valued at $22.5 billion just earlier this year when it raised $100 million.