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Announced

Stripe, a US payment company raised $250m at $35bn valuation.

Synopsis

Stripe, a leading technology firm raises $250m in the recent funding round, which evaluated the payment startup at $35bn. Sequoia Capital, Andreessen Horowitz, and General Catalyst were some of the investors in the latest funding round. The latest valuation puts Stripe in the same league as home rental giant Airbnb, which earlier in the day said it was planning to go public in 2020. “We’re investing now to build the infrastructure that’ll power internet commerce in 2030 and beyond. If we get it right, we can help the internet fulfill its potential as an engine for global economic progress.” John Collison, Stripe President and Co-Founder.

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