Report: Stripe Is Getting Close To $3 Billion In Funding

The report says Stripe is close to a massive $3 billion funding deal with existing investors. This would put the payments giant’s value between $55 billion and $60 billion.

The raise would be much cheaper than Stripe’s last funding round, which was in March 2021 and valued the company at $95 billion.

The report says that the move is meant to help Stripe solve a problem with some of its long-time employees. It hold restricted stock that is about to expire and cut into their pay.

Last week, it was revealed that the corporation has engaged Goldman Sachs and JPMorgan to help with a secondary transaction.