Payments Startup Stripe (YC S09) Joins the Billion Dollar Club

by Kat Mañalac1/23/2014

In the crowded field of online payments, venture capitalists are betting Stripe Inc. is a standout worth more than a billion dollars.
The payments startup has raised about $80 million in new funding this week from venture-capital investors including Khosla Ventures, Sequoia Capital, and Founders Fund, said brothers John and Patrick Collison, the company’s co-founders, in an interview. Stripe, at just over four years old, is now valued at $1.75 billion.

Author

  • Kat Mañalac

    Kat is the Managing Outreach Officer at YC. She was Chief of Staff to Alexis Ohanian, cofounder of reddit, before joining YC as its Director of Outreach. Prior to that, Kat was at WIRED Magazine.