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Stripe Valued at $95 Billion in Latest Funding Round

(Bloomberg) Stripe Inc.’s valuation almost tripled in less than a year to $95 billion with its latest funding round, making it the most valuable U.S. startup.The online payments processing company drew $600 million in its latest fundraising, Stripe said in a statement.The valuation figure is at the top of the range Bloomberg News reported in November, when Stripe was in talks with investors that would boost its value to more than $70 billion, with the possibility of pushing it to as high as $100 billion. The valuation also overtook billionaire Elon Musk’s SpaceX and Instacart Inc., according to CBInsights data.Stripe was founded in 2010 by two Irish siblings: 32-year-old Patrick Collison and his younger brother John, 30. Their net worth surged to $11.4 billion each with the latest valuation, according to the Bloomberg Billionaires Index, up from $4.3 billion in the last funding round.The company’s software, which competes with Square Inc. and Paypal Holdings Inc. ....

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Stripe, the most valued startup in the US, to offer payment services to India's merchants after its latest fundraise

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Stripe, the most valued startup in the US, to offer payment services to India’s merchants after its latest fundraise
Stripe, the most valued startup in the US, to offer payment services to India’s merchants after its latest fundraise
Sanchita DashMar 15, 2021, 09:14 IST
Stripe.com
Stripe has raised $600 million at a valuation of a whopping $95 billion.
Stripe offers payments processing services for businesses and individuals and has been one of the hottest fintech companies in the world.
The company said that it will look to offer its payment services to merchants in India soon.US-based payments startup Stripe is making headlines all around the world after its latest fundraise of $600 million at a valuation of a whopping $95 billion. The 11-year old company is now the most valued startup in the US. ....

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Stripe raises $600 million in funding round, making for a $95 billion valuation

Digital payments giant Stripe's value soared to $95 billion after it capitalised on a boom in ecommerce with a round of funding that pushed it past Elon Musk's SpaceX as the most valuable U.S. startup. ....

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Stripe hits $95 billion valuation, worth more than SpaceX, Instacart

AOP.Press/Corbis/Getty Images
Stripe has raised $600 million in a new funding round at a valuation of $95 billion, it said Sunday.
It is now more valuable than SpaceX, Instacart, and Chinese ride-hailing giant Didi Chuxing.
Worldwide, the payments firm trails TikTok parent ByteDance and Jack Ma s fintech Ant Group.
Payments company Stripe on Sunday said a new funding round had valued it at $95 billion, lifting it above Elon Musk s SpaceX and delivery app Instacart in valuation terms.
Stripe raised $600 million in its latest round of funding from investors including Allianz X, Sequoia Capital, and Ireland s National Treasury Management Agency, the company said in a statement. ....

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Good evening,
Yesterday, India’s crypto community rejoiced after the finance minister said the government was “not shutting all options” on cryptocurrencies. But their joy was short-lived, as Reuters reported earlier today that India is set to pass one of the world’s toughest
cryptocurrency laws.

India’s first gaming IPOIndia to ban trading, mining and owning cryptocurrencies
India will propose a law banning cryptocurrencies and will fine anyone trading, mining or even just holding these digital assets, a senior government official told Reuters. It is a huge potential blow to millions of investors piling into the red-hot asset class. ....

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