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flag Fintech giant Stripe sees valuation soar to $91.5B, up 41%, as it turns profitable and invests in AI.

flag Stripe, a major fintech firm, has announced a tender offer valuing the company at $91.5 billion, up 41% from a year ago. flag This valuation is close to its 2021 peak of $95 billion. flag Stripe processed $1.4 trillion in payments last year, a 38% increase. flag The company is now profitable and expects to remain so, with plans to invest in AI and other emerging technologies. flag Co-founder John Collison stated that Stripe has no immediate plans for an IPO.

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