STRIPE STORY HAS CREATED $2.5 BILLION Fundraising News 01.02.2023 12:
8 p.m. Stripe is in talks to raise $2.5 billion Stripe hits a massive $2.5 billion funding deal with existing investors that will value the payments giant between $55 billion and $60 billion, according to The Information.

This increase would fall sharply from Stripe’s last funding round in March 2021, which was completed at a $95 billion valuation.

The move is designed to help Stripe resolve an issue with some of its longtime employees whose limited stockholders are about to expire, which affects their compensation.

Last week, it was reported that the company had hired Goldman Sachs and JPMorgan to advise them on a deal that would allow employees to sell shares through secondary trading or a direct listing.