Stripe IPO: All you must know about Stripe
Stripe became one of the major players on the online paying space, with a laser focus on customer experience which has raised over $1 billion since 2019, apart from the competition PayPal and Square. This is the company’s downhill before the potentially enormous Stripe IPO.
The IPO Stripe is not yet announced, but its inevitable flotation is growing interest. According to various reports, the valuation of the company could be approximately $100 billion or more.
Based on the latest $600 million fundraising round in March 2021, Stripe has been worth approximately $95 billion. In April 2020, the company was priced at US$36 billion after the series G extension, led by Sequoia Capital. The figure represents a huge jump from its scene.
About Stripe
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online.
The potential of the online economy
Despite internet businesses growing faster than the rest of the economy, only about 3 percent of global commerce happens online today.
Regulatory complexity, a byzantine global financial system, and a shortage of engineers are constraining the impact of the internet economy.
Removing the barriers to online commerce helps more new businesses get started, expedites growth for existing companies, and increases economic output and trade globally.
The new payments stack
Stripe combines a payments platform with applications that put revenue data at the heart of business operations.
APPLICATIONS
Sitting atop our payments platform are applications to manage revenue, prevent fraud, and expand internationally.
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