It looks like Stripe is raising a really big funding round
Getty Images/Brian Ach
There is no single consensus on how much Stripe is looking to raise. Re/Code reported that Stripe is in talks to raise new funding at a valuation of around $5 billion (£3.2 billion). A TechCrunch source noted that the round could be as big as $500 million (£320 million), adding that Russian billionaire Yuri Milner's DST Global is thought to be one of the leading investors in the deal.
Milner has also invested in Facebook and Twitter, and more recently Indian companies FlipKart and Ola Cabs.
A Stripe spokesperson declined to comment on the funding rumours.
Stripe's software makes it really easy for website owners and app developers to take almost any kind of payment method, including credit cards, bitcoin, and Apple Pay.
Back in December the company was valued at $3.5 billion (£2.2 billion) and has raised $190 million (£120 million) in funding so far from the likes of PayPal founders Elon Musk and Peter Thiel, Andreessen Horowitz, and Sequoia Capital.
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance