The stripe digital payment platform has not yet paid plans to make public, but in the meantime the company has been throwing past and presents the employees a line for some liquidity. The company confirmed a Thursday one bid Where investors will buy shares from these employees with $ 91.5 billion. Stripe said it would also repurchase shares in the transaction.
A spokesman refused to say who was in the secondary round except to confirm that it is “largely” existing investors. Previous supporters of the company number in more than 150 investors per Data book. They include General Catalyst, GV, Silver Lake, Atomico, Elon Musk, Salesforce and much more.
The offer is a decent jump in the company’s valuation by the last secondary sale a year ago, estimated at $ 70 billion. However, Stripe continued to respond to $ 95 billion in $ 95 billion in 2021. This round came at a time when e-commerce itself was flourishing due to the Covid-19 pandemic and made the stripe at that time.
News coincide with Stripe’s annual letter With CEO and co -founder Patrick Collison, who noted that the volume of payments in 2024 increased to $ 1.4 trillion, increased by 38% last year.
It is a large number for the stripe, but to put it in a context, Visa said its 2024 payment volume was $ 13.2 trillion. The margin made by Stripe in transactions (which is what make up the payment volume) remains thin and so the business remains where it still has room (and must) scale.
Stripe also added that it is now used by half the Fortune 100 companies, stressing how it has been launched by a startup working with other newly established businesses in an important business player.
The bid bid initially stated that it is in the projects earlier this month.
