Nov
27
Value of Payments Provider Stripe Doubles to $9.2 Billion
ByCreditJoshua Bright for The New York Times
Stripe Inc., a start-up that offers software and services that process payments for businesses, has raised another round of private funding that values the company at just under $9.2 billion, according the company’s investors.
That valuation is nearly double what Stripe was worth nearly a year and a half ago. The company, based in San Francisco, is undergoing a rapid expansion…