BRIEF-Stripe Says Signed Agreements For Series I Fundraise Of More Than $6.5 Billion


Reuters | Updated: 16-03-2023 02:36 IST | Created: 16-03-2023 02:36 IST
BRIEF-Stripe Says Signed Agreements For Series I Fundraise Of More Than $6.5 Billion

* STRIPE SAYS SIGNED AGREEMENTS FOR A SERIES I FUNDRAISE OF MORE THAN $6.5 BILLION AT A $50 BILLION VALUATION

* STRIPE - PRIMARY INVESTORS INCLUDE EXISTING SHAREHOLDERS ANDREESSEN HOROWITZ, BAILLIE GIFFORD, FOUNDERS FUND, GENERAL CATALYST, MSD PARTNERS * STRIPE - NEW INVESTORS INCLUDING GIC, GOLDMAN SACHS ASSET AND WEALTH MANAGEMENT, AND TEMASEK

* STRIPE - DOES NOT NEED THIS CAPITAL TO RUN ITS BUSINESS Source text: [https://bit.ly/40f1UQ1]

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback