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Stripe's valuation falls to $50 billion, nearly half of what it was 2 years ago

Last Updated: March 15, 2023 at 11:22 p.m. ET First Published: March 15, 2023 at 7:03 p.m. ET Company says latest funding round ‘will be used to provide liquidity to current and former employees’ Stripe co-founders and brothers Patrick, left, and John Collison. Stripe Privately held fintech company Stripe Inc.’s valuation has fallen nearly by
Financial Press

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stripe's-valuation-falls-to-$50-billion,-nearly-half-of-what-it-was-2-years-ago

Company says latest funding round ‘will be used to provide liquidity to current and former employees’

Stripe co-founders and brothers Patrick, left, and John Collison.

Stripe

Privately held fintech company Stripe Inc.’s valuation has fallen nearly by half over the past two years.

The company announced Wednesday a new funding round that values the company at $50 billion. Stripe had fetched a $95 billion valuation in March 2021, though the company had reportedly lowered its internal valuation to $63 billion this January.

Stripe…

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