Stripe valuation jumps to $159 billion in latest employee share sale
· CNA · JoinRead a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST
Feb 24 : Stripe was valued at $159 billion in a tender offer for employees and shareholders, the fintech firm said on Tuesday, a more than 70 per cent jump from a similar share sale a year earlier.
Investors poured $274 billion into startups — the second-highest total on record — last year, as U.S. venture funding rebounded strongly, according to Crunchbase data.
Most of the funding will come from existing investors, including Thrive Capital, Coatue and Andreessen Horowitz, while the company will also use some of its cash to buy back shares, Stripe said.
"Stripe remained robustly profitable, allowing us to continue investing heavily in product development as well as acquisitions," co-founders John Collison and Patrick Collison said in their annual letter.
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
This service is not intended for persons residing in the E.U. By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp’s partners.
Loading
The company, with headquarters in San Francisco and Dublin, allows companies to accept payments, make payouts and automate financial processes.
Beyond payments, Stripe's revenue suite is set to hit an annual run rate of $1 billion this year, the company said.
The company's customers include Elon Musk-led social media platform X, Amazon, car rental firm Hertz Global, and grocery delivery app Instacart.
Stripe is associated with several top AI companies and most of the biggest tech companies - 80 per cent of the Nasdaq 100 index - as per the company.
"We believe Stripe's lead will only expand across the future of money movement due to their leadership in agentic commerce, stablecoins, and more," said Kareem Zaki, partner at Thrive Capital.
Analysts say ample financing is allowing late-stage startups to remain private for longer, as it gives them an alternative to public markets, which have remained volatile in early 2026.
Newsletter
Week in Review
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
Sign up for our newsletters
Get our pick of top stories and thought-provoking articles in your inbox
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app