clock menu more-arrow no yes

Payments Startup Stripe Raises $70 Million at $3.5 Billion Valuation

Stripe, a payments startup that in the past year landed partnerships with Apple, Twitter and Facebook, has raised a $70 million investment at a valuation of $3.5 billion. New investor Thrive Capital joined existing investors Sequoia Capital, General Catalyst, Founders Fund and Khosla Ventures in the round. The $3.5 billion valuation is double the $1.75 billion valuation Stripe received when it raised $80 million earlier this year. The Financial Times first reported the news.

This article originally appeared on

Sign up for the newsletter Sign up for The Weeds

Get our essential policy newsletter delivered Fridays.