Deals
Payments Startup Stripe in Talks for Funding at $70 Billion Valuation or More
- Valuation could double -- or more -- valuation in April round
- Payment processing software maker competes with Square, Paypal
John, left, and Patrick Collison.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Private financial technology business Stripe Inc. is in talks to raise a new funding round valuing it higher than its last private valuation of $36 billion, according to people familiar with the matter.
The valuation being discussed could be more than $70 billion or significantly higher, at as much as $100 billion, said one of the people, who asked not be identified because the matter is private. That would make it currently the most valuable venture-backed startup in the U.S., according to CB Insights.