News > Explained: What is Stripe, the US startup valued at $95 billion

Explained: What is Stripe, the US startup valued at $95 billion

Indian Express | 15/03/2021 05:16 PM | Click to read full article

With a $600 million fundraise announced early Monday, San Francisco and Dublin headquartered financial technology firm Stripe has become the highest valued startup in the US with a valuation of $95 billion. The company, in its announcement, also said that in 2021 it will expand its presence to India, Brazil, Thailand, Indonesia, and the UAE.

The Irish-American financial services company mainly offers payments processing software and APIs for firms conducting business online through websites and mobile applications.

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