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STRIPE SHARES
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120M+
Countries use Stripe start, run, and scale their businesses
1B
Stripe has 40 companies processing $1 billion in payments annually
14+
Global Offices
36B+
Company valuation
IPO INFORMATION
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Stripe is an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. Stripe has signed a new partnership with Salesforce that the company hopes will buff its credentials with big-business customers amid speculation that the $36 billion-valued payments company is approaching an IPO.
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This year, Stripe has been riding a tailwind of demand for payments services as more businesses have been forced online and major companies have increasingly pursued sales in the cloud. Stripe now has 40 companies processing $1 billion in payments over its platform annually.
The move to
e-commerce in recent years has made Stripe the most valuable private fintech company in the U.S.
SILICON VALLEYS' MOST VALUABLE STARTUP
When CNBC’s Disruptor 50 came out on June 16, the number one disruptor was the San Francisco-based digital payments platform, Stripe, up 12 spots from 2019. Founders Patrick and John Collison have secured $1.6 billion in funding for its global growth. That funding values the decade-old company at $36 billion.​​
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THE LEAP TO ONLINE
​"People who never dreamt of using the internet to see the doctor or buy groceries are now doing so out of necessity. And businesses that deferred moving online or had no reason to operate online have made the leap practically overnight. We believe now is not the time to pull back, but to invest even more heavily in Stripe’s platform.” - Collison said in a press release.
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The company announced the addition of Zoom Video Communications to its list of customers benefiting from the shift to an online economy. It also counts DoorDash, Shopify, Instacart, Caviar and Postmates as clients.
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Stripe, Silicon Valley's most valuable start-up, raises new capital at $36 billion valuation. Stripe has raised a $600 million funding round that boosts its valuation to $36 billion.
Stripe, the online payments company founded by Limerick-born brothers Patrick and John Collison. Stripe said the new funds will be used to step up product development, global expansion, and strategic initiatives.
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