Stripe hits $159 billion valuation in tender offer

Stripe is a global financial infrastructure platform that builds economic infrastructure for the internet. From startups to the world’s largest corporations, millions of organizations use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online, prioritizing seamless integration and financial scalability.

Stripe has signed agreements with investors to provide liquidity to current and former employees through a tender offer at a $159B valuation. While the majority of funds for the tender offer are being provided by investors including Thrive Capital, Coatue, a16z, and others, Stripe will also use a portion of its own capital to repurchase shares.

Stripe, headquartered in South San Francisco, California, United States, was founded in 2010 by John and Patrick Collison. In 2014, the company joined the unicorn club. “With Tempo, businesses get dedicated payment lanes, sub-second finality, opt-in privacy, and interoperability with compliance and accounting systems,” wrote John and Patrick Collison, co-founders of Stripe. “These features may sound prosaic, but they matter a great deal for infrastructure that supports real-world economic activity. Companies like Visa, Nubank, and Shopify are already testing Tempo for a number of use cases, including global payouts, embedded finance and remittances.”