Stripe Inc – Page 2

Credit Suisse Shares Jump As Banking Backstops Go Global

Bank stocks recovered after Credit Suisse secured a $54 billion lifeline from Switzerland’s central bank.

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Stripe Raises New Funding That Values It at $50 Billion

The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.

By Kalley Huang

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Why Stripe Is Raising Money at a Lower Valuation

Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.

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Thrive Capital Said to Lead Potential Investment in Stripe

Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.

By Lauren Hirsch and Maureen Farrell

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