Published 2 years ago

Stripe Cuts Internal Valuation By 28%

Summary by Ground News

Payment-tech firm Stripe has cut the internal value of its shares by 28%, the Wall Street Journal reported. The company told its an employees via email on Friday that the internal share price is ~$29 as of June 30. The lower valuation comes as publicly traded fintech stocks have dramatically dropped.

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Reuters

Payments firm Stripe cuts internal valuation by 28%

Payments giant Stripe, last valued at $95 billion, has cut the internal value of its shares by 28%, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

2 years ago·United Kingdom

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Irish Independent

Stripe reportedly cuts valuation amid tech share crash

Stripe, the digital payments giant founded by John and Patrick Collison, is reported to have slashed its internal valuation by 28pc.

2 years ago·Ireland

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RTÉ

Payments firm Stripe cuts internal valuation by 28%

Payments giant Stripe, last valued at $95 billion, has cut the internal value of its shares by 28%, the Wall Street Journal reported today, citing people familiar with the matter.

2 years ago·Ireland

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Financial Post

Payments firm Stripe cuts internal valuation by 28% – WSJ

Payments giant Stripe, last valued at $95 billion, has cut the internal value of its shares by 28%, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

2 years ago·Canada

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TechCrunch

Fintech leader Stripe slashes internal valuation by 28% – TechCrunch

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

2 years ago·United States

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Irish Times

Payments firm Stripe cuts internal valuation by 28%

Payments giant Stripe, last valued at $95 billion (€94.9 billion), has cut the internal value of its shares by 28 per cent, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

2 years ago·Dublin, Ireland

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