Alphabet, Visa and Amex are all investors in the payment technology provider but none took part in the latest round, which valued it at $20bn.
Stripe, the US-based payment technology provider backed by corporates Alphabet, Visa and American Express, has closed a $245m funding round led by hedge fund manager Tiger Global Management, Bloomberg reported yesterday.
The round valued Stripe at $20bn, co-founder and CEO Patrick Collison told Bloomberg. It included DST Global, Sequoia Capital, Andreessen Horowitz, Kleiner Perkins Caufield & Byers, Khosla Ventures, General Catalyst and Thrive Capital, according to TechCrunch.
Stripe has developed a mobile-focused payment infrastructure that can be integrated into an…
