Stripe, which builds economic infrastructure for the internet, has raised a $600 million funding round at a $95B valuation. Primary investors include Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and Ireland’s National Treasury Management Agency (NTMA). The company will use the capital to invest in its European operations, and its…
Tag: Stripe
Dhivya Suryadevara to join Stripe as Chief Financial Officer
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•Stripe, a global technology company building economic infrastructure for the internet, announced that Dhivya Suryadevara will be joining the company as Chief Financial Officer. She brings a wealth of experience from General Motors, where she managed a business operating at massive scale and helped steer the transformation of the iconic manufacturer. In her new role,…
Stripe raises $600 mn as fintechs getting a boost due to pandemic
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•Stripe, a U.S. fintech startup, has said it has raised $600 million as companies that are providing financial and payment services via online are witnessing a surge in these times due to the coronavirus pandemic. “The pandemic is accelerating the trend as more customers look to pay without contact and use banking services without stepping…