Stripe, an online payment and settlement company, continues to attract investors by raising $ 600 million in funding, valued at $ 95 billion.
Stripe is the most valuable private fintech company in the world. Robinhood, which recently made headlines on the trading platform, simply raised $ 3 billion to reach an estimated $ 11.2 billion.
The company, which makes software that allows companies to accept payments online or in person by card, said it would use the capital at the final stage of financing to invest in its European operations, particularly at its headquarters in Dublin. Stripe has two headquarters, the other being in San Francisco.
Stripe will also expand its global payments ապետ treasury network. Its customers include Jaguar Land Rover, Maersk, Deliveroo և Klarna.
Companies that allow online payments have developed an epidemic. Stripe’s rating has almost tripled in one year.
“The epidemic has taught us a lot about society, including how much you can get to pay for it online, but the Internet is not yet the engine of global economic growth that it could be,” said Divya Suryadara, chief financial officer of Driva.
Dorsey’s rival, Square, has gone far beyond point-of-sale technology to create an economic ecosystem for small businesses that helps them with their books and salaries.
Stripe said on Sunday that the final round of funding includes investments by Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital and the National Treasury Management Agency of Ireland.