How are energy investors positioned?
Investing.com-- Payments firm Stripe is considering an employee share sale that could value the company upwards of $85 billion, The Information reported on Tuesday.
The $85 billion figure represents another bump-up in Stripe’s valuation, after reports in 2024 pegged the company’s value at around $65 billion. The company is among the most valuable private start-ups in the U.S., and processed over $1 trillion in payment volumes in 2023.
Stripe was founded in 2010 by billionaires John Collison and Patrick Collison, and offers payment processing software and technology services. Early investors in the firm include Tesla’s Elon Musk and Paypal founder Peter Thiel.
Stripe netted a slew of major enterprise customers through 2022 and 2023, including Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Uber (NYSE:UBER), and others.
The company had recently acquired stablecoin infrastructure maker Bridge.