Stripe, operates as a technology company that provides financial infrastructure for the Internet. The company serves businesses ranging from startups to large corporations by processing online and in-person payments, issuing payouts, streamlining financial operations, and increasing revenue.

The core of Stripe's business model revolves around charging fees for transactions processed on its platform. Additionally, the company offers various services, including fraud detection, subscription management, and business financing, contributing to its revenue streams.

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Latest News and Updates on Stripe

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Will Stripe go public? Ever? - Stripe's shares have seen a significant increase in demand within the secondary markets, as indicated by a notable rise in its share price and also reflecting a valuation increase. This contrasts with a previous valuation drop in Stripe. Despite speculations, there's no confirmation on whether Stripe will go public in 2024. Click here to read more.

Adyen's Stock Price Jumps 21% - Stripe's competitor company, Adyen, a European payments business, saw its shares surge after it announced positive financial results for 2023. The firm's net revenue increased by 22% to €1.626 billion, outperforming analyst expectations. As they wrap up 2023, the company now plans to transition into a slower pace in hiring and investment, according to Ethan Tandowsky, Adyen's chief financial officer. Click here to read more.

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Stripe’s Suite of Products

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Stripe's Financial Data

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Series I Valuation

<span class="date">2023-03-15</span>
<span class="value">$50B</span>

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Implied Valuation

<span class="date">2024-02-05</span>
<span class="value">$66.58B</span>

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Change Since Last Round

<span class="date">2023-03-15 → 2024-02-05</span>

<span class="value green">+33.17%</span>

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