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Digital payments platform Stripe has yet to lay out plans to go public , but in the meanwhile the company has throw past and present employee a line for some liquidity . The caller on Thursday corroborate atender offerwhere investor will buy up shares from those employee at a rating of $ 91.5 billion . Stripe said it will also repurchase shares as part of the dealings .
A spokesperson declined to say who is in the subaltern rhythm except to confirm that it is “ largely ” existing investors . Past backers of the company number at over 150 investor perPitchBook data . They include General Catalyst , GV , Silver Lake , Atomico , Elon Musk , Salesforce and many more .
The tender offer is a decent jump on the ship’s company ’s valuation from its last subaltern sales event a year ago , which wasvalued at $ 70 billion . However , Stripe still fell short of its high - watermark$95 billion valuationback in 2021 . That daily round came at a fourth dimension when e - commerce itself was booming due to the COVID-19 pandemic , and it made Stripe , at the time and only on paper , the most valuable privately - accommodate tech company in the world .
The word coincides with Stripe’sannual letterpenned by CEO and Centennial State - founder Patrick Collison , which note that payment intensity in 2024 grew to $ 1.4 trillion , up 38 % on the year before .
It ’s a big turn for Stripe , but to put it into some context , Visa said that its payment mass for 2024 was $ 13.2 trillion . The margin that Stripe makes on transactions ( which are what make up payment mass ) stay on fragile , and so this occupation remain one where it still has room to ( and needs to ) graduated table .
Stripe also sum that it is now used by one-half of the Fortune 100 company , underscoring how it has catapult from a startup act upon with other inauguration , into a major enterprise player .
The tender offer was originally reported to be in the worksearlier this month .
