Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 billion, people familiar with the matter said. The latest capital raise from investors including Thrive Capital could be the largest private funding round in recent memory, marking a steep dec
Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 billion, people familiar with the matter said.
The funding is expected to be completed by the end of March, the sources said, cautioning that the target number could still fall short. The company has already tapped investment banks Goldman Sachs Group and JPMorgan Chase to help with its latest fundraise and to lead its preparations for an IPO eventually.
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