Stripe Finalizes Tender Sale at a $91.5b Valuation, Says Payment Volumes Grew to $1.4t in 2024
Digital payments platform has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday confirmed a tender offer where investors will buy up shares from those employees at a valuation of $91.5 billion. Stripe said it will also repurchase shares as part of the transaction.
- As Stripe's valuation surges to nearly $92 billion, it raises questions about the company's governance structure and whether the billionaire investor class is driving growth or stifling innovation.
- What are the implications for the broader fintech sector if Stripe's focus on expansion and scalability comes at the expense of social responsibility, as some critics have accused the company of prioritizing profit over environmental sustainability?