
Stripe, the fintech giant, has reached a valuation of $65B, up from $50B nearly a year ago, in a recent employee share-sale deal. This deal allows both current and former Stripe employees to sell over $1 billion worth of stock. The significant valuation increase is marked by the participation of investors such as Sequoia Capital and Goldman Sachs Growth Equity. Despite the valuation jump, this move indicates Stripe is delaying its IPO plans further, giving employees another opportunity to cash out. The valuation, while a substantial increase from last year, is still below Stripe's peak valuation of $95B in 2021.







Stripe reaches $65bn valuation in deal to let employees cash out stock https://t.co/PVCh9v6XKT
Stripe Inc., the payment processor, just struck a deal with investors that allows current and former employees to cash out some of their shares in an offering valuing the startup at $65 billion, according to Bloomberg
Fintech giant @stripe has been valued at $65bn after signing agreements with investors to provide liquidity to its current and former employees in a tender offer. https://t.co/FcjVDQcwDO