Stripe to Buy Shares in Tender Offer at $70 Billion Valuation

Private fintech giant Stripe Inc. is again buying back some of its shares and at a roughly $70 billion valuation.

The price per share is $27.51, translating to a valuation of about $70 billion for the startup, according to a document reviewed by Bloomberg. That’s the same value the company had in a different share sale earlier this year.

A representative for Stripe declined to comment.

The deal is likely to see hundreds of millions of dollars in shares change hands, said people familiar with the discussions, who asked not to be identified discussing private information.

In the deal, ...