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…
