Online payments firm Stripe is to add “at least” 1,000 jobs in Dublin over the next five years, after a new fundraising round of $600m (£431m) brought its valuation to $95bn (£68bn).
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Silicon Valley’s Stripe valuation soars to $95bn
Stripe to create 1000 jobs in Ireland
Written by Robert McHugh, on 15th Mar 2021. Posted in Ireland
It was announced yesterday that Stripe will add at least a thousand jobs across the next five years. The company will be hiring into a broad range of teams to help grow and support its rapidly accelerating European user base while launching new global products.
The news comes on the back of a new funding round, with the company raising $600 million (€500 million) at a $95B (€80B) valuation, with the Ireland Strategic Investment Fund (ISIF), managed by the NTMA, as one of the primary investors. Other investors in the round include Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, and Sequoia Capital.