Related News

NASA is keeping an eye on near-Earth objects. One such object is a small asteroid called 2026 FB. This asteroid is expected to pass close to the Earth today. The

The satellite internet service Starlink, owned by Elon Musk, is now reportedly available across Kuwait. The announcement comes amid heightened tensions in the Middle East, with Kuwait battling the direct

A century ago, in a quiet cabbage patch in Auburn, Massachusetts, something happened. Dr Robert H. Goddard, a Clark University Physics professor, fired up a rocket powered by liquid fuel.

For a long time, scientists thought ravens simply trailed wolves to feed on fresh carcasses. The idea was straightforward. Follow the predator and grab the meal while the blood is

[The stream is slated to start at 2:00 p.m. ET. Please refresh the page if you do not see a player above at that time.] Nvidia CEO Jensen Huang will

Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Stripe valued at $159 billion after tender offer

Word Count: 222 | Estimated Reading Time: 2 minutes


John Collison, president and co-founder of Stripe.

Christophe Morin | IP3 | Getty Images

Fintech startup Stripe is now valued at $159 billion after a secondary stock sale for employees and shareholders, the company announced Tuesday.

The valuation shows blistering growth from a year ago, when it was valued at $91.5 billion. Stripe’s valuation nearly tripled to $95 billion in 2021.

“In the AI era, Stripe is emerging as the default financial layer for companies at the frontier of the ‘token economy’ in its work with the world’s top startups and enterprises,” said Philippe Laffont, founder and portfolio manager of Coatue Management, one of the investment funds participating in the tender offer.

Thrive Capital, a16z, and others are also participating and Stripe will also repurchase shares, the company said in a release.

Founded in 2010 by brothers John and Patrick Collison, Stripe makes software that enables businesses to process payments online. The company was 10th in CNBC’s Disruptor 50 list for 2025.

The company also provided an update on its business, with total payment volume increasing to $1.9 trillion in 2025, up 34% over the year prior. Stripe said its revenue suite is on track to hit an annual run rate of $1 billion in 2026.

Stripe said it was “robustly” profitable in 2025, which enabled it to pursue acquisitions and invest heavily in product development.

CNBC’s Jacqueline Corba contributed to this story.

Stripe co-founder John Collison on AI powering a 'good old-fashioned tech race'



Source link

Most Popular Articles