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Stripe Said to Be in Talks for Funding at $70 Billion Value (3)

Nov. 25, 2020, 2:39 AM

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.

Talks are at an early stage and there’s no guarantee the funding round will be completed. ...