Stripe agrees to buy $1bn employee shares, valuing it at $65bn, potentially delaying IPO to 2025.
Stripe, the global payments giant, has agreed to buy more than $1bn in employee shares, valuing the fintech at $65bn. This follows a similar deal last March, involving investors such as Andreessen Horowitz and Temasek, which bought over $6.5bn of Stripe stock. The company processes over $817bn in payments volume annually and has not yet opted for an initial public offering (IPO). This latest deal could delay Stripe's IPO until at least 2025.
February 28, 2024
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