Stripe valuation jumps to $159 billion in latest employee share sale


A smartphone with the Stripe logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration

Feb 24 (Reuters) - Stripe was ⁠valued at $159 billion in a tender offer for employees and ⁠shareholders, the fintech firm said on Tuesday, a more than ‌70% jump from a similar share sale a year earlier.

Investors poured $274 billion into startups — the second-highest total on record — last year, as U.S. venture funding rebounded strongly, according ​to Crunchbase data.

Most of the funding will ⁠come from existing investors, including ⁠Thrive Capital, Coatue and Andreessen Horowitz, while the company will also use ⁠some ‌of its cash to buy back shares, Stripe said.

"Stripe remained robustly profitable, allowing us to continue investing heavily in ⁠product development as well as acquisitions," co-founders John Collison ​and Patrick Collison ‌said in their annual letter.

The company, with headquarters in San Francisco ⁠and Dublin, ​allows companies to accept payments, make payouts and automate financial processes.

Beyond payments, Stripe's revenue suite is set to hit an annual run rate of $1 billion ⁠this year, the company said.

The company's customers ​include Elon Musk-led social media platform X, Amazon, car rental firm Hertz Global, and grocery delivery app Instacart.

Stripe is associated with several top AI ⁠companies and most of the biggest tech companies - 80% of the Nasdaq 100 index - as per the company.

"We believe Stripe's lead will only expand across the future of money movement due to their leadership ​in agentic commerce, stablecoins, and more," said Kareem ⁠Zaki, partner at Thrive Capital.

Analysts say ample financing is allowing late-stage startups ​to remain private for longer, as it ‌gives them an alternative to public ​markets, which have remained volatile in early 2026.

(Reporting by Pritam Biswas in Bengaluru; Editing by Shilpi Majumdar and Sriraj Kalluvila)

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