Stripe Valued at $65 Billion After Striking Staff Share Deal (1)

Stripe Inc. is valued at $65 billion after striking a deal that allows current and former employees to cash out some of their shares, a move that could ease pressure on the startup to speed up its path to an initial public offering.

Under the deal, Stripe and some of the firm’s investors will buy more than $1 billion of stock from those employees, according to a person familiar with the matter who asked not to be identified discussing private information.

The $65 billion valuation — while up from a $50 billion valuation last March — remains below a ...