The digital payment software producer more than doubled its valuation in a round that included new corporate investors Axa and Allianz X.
US-based digital payment technology producer Stripe received $600m yesterday from investors including insurers Axa and Allianz – the latter through its Allianz X vehicle – at a $95bn valuation.
Investment and financial services group Fidelity Management & Research also participated in the round, as did investment management firm Baillie Gifford, venture capital firm Sequoia Capital and Ireland’s National Treasury Management Agency.
Stripe provides digital payment processing and business management software. The funding will support European growth, as well as the…
