Stripe hits €135bn valuation as payment volume soars

That valuation is up from the €91bn Stripe secured last year
Stripe hits €135bn valuation as payment volume soars

'Stripe remained robustly profitable, allowing us to continue investing heavily in product development as well as acquisitions,' the Collisons said in their annual letter.

Stripe has signed agreements with investors to provide liquidity to current and former employees through a tender offer that values the company at €135bn.

Stripe, founded and run by Limerick brothers John and Patrick Collison, said most of the funding for the tender offer would come from investors, including Thrive Capital, Coatue and Andreessen Horowitz, while the company would also use some of its own cash to buy back shares.

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