Stripe, the digital payments company, is raising even more cash, propelling its already rich value to a pre-money valuation of $35 billion.
In a press release, San Francisco-based Stripe said the $250 million it is raising comes from investors including General Catalyst, Sequoia, and Andreessen Horowitz.
In January it raised $100 million from Tiger Global Management in a Series E round that gave it a valuation of $22.5 billion, and now only a few months later, it’s valued at $12.5 billion more.
Read the article at: Forbes
