Finance
Stripe Valuation Set to Hit $140 Billion in New Tender Offer
The Stripe Inc. headquarters in South San Francisco, California.
Photographer: David Paul Morris/BloombergStripe Inc. is arranging a tender offer that would give the payments giant a valuation of at least $140 billion, according to a person familiar with the matter, a jump of more than $30 billion from its most recent value.
Investors said Stripe was worth $107 billion in a deal last year. Terms of the latest tender offer could change, said the person, who asked not to be identified discussing private information.