Stripe Boosts Valuation to $91.5 Billion In Tender Offer
The Stripe headquarters in South San Francisco.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Stripe Inc. confirmed plans for a tender offer for employees and shareholders that will value the company at $91.5 billion, signaling the digital payments firm may not be in a hurry to go public.
The deal announced on Thursday will allow the company and investors to repurchase shares from current and former employees, the company said in a statement. It marks a roughly 31% valuation increase from a similar share sale last year and brings price tag closer to its $95 billion peak secured during the 2021 venture capital boom.