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Payments Startup Stripe in Talks for Funding at $70 Billion Valuation or More

  • Valuation could double -- or more -- valuation in April round
  • Payment processing software maker competes with Square, Paypal
John, left, and Patrick Collison.

John, left, and Patrick Collison.

Photographer: David Paul Morris/Bloomberg
Updated on

Private financial technology business Stripe Inc. is in talks to raise a new funding round valuing it higher than its last private valuation of $36 billion, according to people familiar with the matter.

The valuation being discussed could be more than $70 billion or significantly higher, at as much as $100 billion, said one of the people, who asked not be identified because the matter is private. That would make it currently the most valuable venture-backed startup in the U.S., according to CB Insights.