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CEO of Unicorn Stax Says She’ll Go Head to Head With Stripe

  • Payments company is valued at over $1 billion via new funding
  • Suneera Madhani founded Orlando-based startup with her brother
Suneera Madhani
Suneera MadhaniSource: Stax

Fintech’s newest unicorn doesn’t hail from San Francisco, London or Singapore. Instead, it’s built a 10-figure valuation from central Florida.

Orlando-based Stax said in a statement Tuesday it has raised $245 million from investors Blue Star, Harbourvest and Greater Sum Ventures in its latest funding round, valuing it at more than $1 billion.