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Stripe hires Goldman, JP Morgan to explore listing and private share sale

Summary by Ground News

Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing. The move would give them an opportunity to sell shares in the company either to private investors or in a public market. A 2021 round of fundraising valued Stripe at $95 billion, but sources said the company had recently cut its own assessment of its value to $65 billion.

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Stripe hires Goldman, JP Morgan to explore IPO:sources

Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing, two sources familiar with the matter told Reuters.

2 years ago·Ireland

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Channel News Asia

Center

Stripe hires Goldman, JP Morgan to explore listing and private share sale

:Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing and alternatives to allow employees to cash out stakes in the private company, two sources familiar with the matter told Reuters.The move, communicated to Stripe employees in an internal memo earl

2 years ago·Singapore

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Bloomberg

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Stripe Hires JPMorgan, Goldman Sachs to Explore Liquidity Raise

Stripe Inc., one of the world’s most valuable startups, has hired JPMorgan Chase & Co. and Goldman Sachs Group Inc. as it explores options for raising liquidity.

2 years ago·United States

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