Several foreign media, citing their own sources, reported that the payments giant Stripe is in talks to raise up to $3 billion in investments.

The Information reports that the company is in talks with its existing investors to raise as much as $3 billion. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion which is a steep discount to its last private fundraising in early 2021, which valued the payments software company at $95 billion.

The New York Times says that Stripe was seeking to raise $2.5 billion. It is noted that Thrive Capital is believed to be leading the new investment in Stripe and committed to provide $1 billion. As to Stripe’s value, The New York Times also mentions $55-60 billion.

Earlier The Wall Street Journal reported that Stripe has approached investors about raising “at least $2 billion” in fresh cash at a valuation of $55 billion to $60 billion, people familiar with the matter said. At the same time it is noted that the company wouldn’t use the money to fund its operations, rather, it would use the cash to cover a large annual tax bill associated with some employee stock units.



Stripe was founded by Irishmen, brothers Patrick and John Collinson in San Francisco in 2010. The company’s early investors were PayPal founders Elon Musk and Peter Thiel, as well as Y Combinator, an influential startup accelerator from Silicon Valley.

In 2021 Stripe raised USD 600 million  at a $95 billion valuation.

The partner of Fintech section is