Stripe finalizes tender sale at a $91.5B valuation, says payment volumes grew to $1.4T in 2024 | TechCrunch
Briefly

Stripe's recent tender offer allows employees to sell shares at a valuation of $91.5 billion, bolstering liquidity amidst an uncertain path to going public. With the number up from its last secondary sale's $70 billion, though shy of 2021's peak of $95 billion, this valuation reflects both growth and challenges. CEO Patrick Collison highlighted a 38% increase in payment volume, reaching $1.4 trillion, positioning the company among major enterprises, integrating with half of the Fortune 100 firms, while still working to scale profitability compared to larger competitors like Visa.
Stripe's recent tender offer allows investors to buy shares from employees at a $91.5 billion valuation, reflecting significant growth despite falling shy of its 2021 peak.
As payment volume grows to $1.4 trillion in 2024, Stripe demonstrates its shift from startups to serving half of Fortune 100 companies.
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