Sequoia Capital has offered to buy up to $861 million worth of shares in Stripe from its investors, valuing the payments company at $70 billion. The offer, made via email to limited partners in funds raised between 2009 and 2011, allows early investors to cash out of Stripe, which Sequoia has backed for nearly 14 years. The purchase price is set at $27.51 per share. This move is seen as a way to provide liquidity to investors in a dry IPO market and reflects Sequoia's confidence in Stripe's future. The $861 million represents around 10% of Sequoia's total fair market value of Stripe shares. Stripe, which helps merchants process customer payments, remains one of the most valuable private fintech companies, surpassing competitors like Adyen and Revolut in valuation. Notably, this is a secondary transaction and no funds will go to the company.