Stripe said to be in advanced talks to raise $4b at a markdown valuation of $55b
People familiar with the matter said digital payments Processor Stripe Inc. is close to raising $4 billion in fresh capital at a valuation of about $55 billion.
The latest capital raise from investors, including Thrive Capital, could be the largest private funding round in recent memory. It marks a steep decline in the fintech startup's valuation, which was $95 billion in early 2021.
