TechFlow news, according to The Information citing知情人士, payment service provider Stripe is considering arranging an employee stock sale program that would value the company at $85 billion or higher. This would continue the company's previous activities including share buybacks, secondary market transactions, and fundraising, bringing its valuation close to the historical peak of $95 billion reached during its 2021 funding round. These financing activities have enabled the 15-year-old company to delay going public while providing liquidity opportunities for investors and employees.
Previous report, Stripe completed its $1.1 billion acquisition of Bridge, a stablecoin infrastructure company, potentially accelerating its expansion in the stablecoin sector.
