The news coincides with Stripe’s annual letter penned by CEO and co-founder Patrick Collison, which noted that payment volume in 2024 grew to $1.4 trillion, up 38% on the year before.

Payments processor Stripe on Wednesday raised $6.5 billion in a funding round led by existing and new investors at a sharply reduced valuation of $50 billion, down nearly 50% from two years ago.

The deal will value the company at $91.5 billion, said Stripe co-founder John Collison in an interview. The new valuation is below a peak of $95 billion in 2021, though higher than when it was ...

Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation.. The ...

Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include: a new AI foundation model for payments; stablecoin-powered ...

Stripe's valuation surged to $65 billion in a deal that will allow employees to cash out their stock, the payments service provider said on Wednesday, potentially further delaying its much-awaited ...

According to LinkedIn data, Stripe’s employee base more than doubled over the past two years. As of last month, it had more than 8,000 employees, and the new cuts bring it slightly below 7,000 ...

The massive financial-technology unicorn Stripe plans to lay off 14% of its employees, becoming the latest tech company to acknowledge that it had been too upbeat about growth trends levered to e ...

Stripe may be better for small businesses with international customers. Those that don’t want to deal with add-ons and customizations may prefer Authorize.net.

Stripe may be best for small businesses that prioritize customization, and PayPal may be better for small businesses with an international customer base. But if price is key, Square may be your ...

Fruit Stripe Gum manufacturer Ferrara Candy announced that it's discontinuing the beloved brand this week. It's been around for more than 50 years.

Stripe vs. Square: Quick overview. Stripe and Square started from two different places. Square has its roots in hardware, while Stripe got its start as an online payment processor.Over the years ...