Tag: Stripe

Payments processor Stripe raised $6.5 billion in its latest fundraising round ending on Wednesday. During this round of fundraising, the company reduced its valuation to $50 billion; almost 50% lower than two years ago. Valued at $95 billion in March 2021, Stripe vastly exceeded...

Back in 2021, payment processor Stripe set a record with a valuation of $95 billion. But after the latest funding round, which raised $6.5 billion, the company’s valuation got almost cut in half, dropping to $50 billion. The latest Series I funding round saw contributions...