{"id":8740,"date":"2021-06-16T17:37:07","date_gmt":"2021-06-16T14:37:07","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=8740"},"modified":"2023-06-22T17:58:35","modified_gmt":"2023-06-22T14:58:35","slug":"stripe-sold-shares-for-1-billion","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/06\/16\/stripe-sold-shares-for-1-billion\/","title":{"rendered":"Stripe Sold Shares for $1 Billion"},"content":{"rendered":"\n

It so happened that I haven't mentioned Stripe yet. This is the richest fintech startup on the Silicone Valley. But the time has come. The company is getting ready to become public though it doesn't rush at announcing the exact date of the IPO. It seems like it's trying to keep analysts, investors, and journalists interested.<\/p>\n\n\n\n

This latter ones made it known that the startup had sold its shares for $1 billion. Let's find out who was the buyer and what the company will spend the money on.<\/p>\n\n\n\n

<\/span>Stripe shares: more details of the trade<\/span><\/h2>\n\n\n\n

On June 14th, the Wall Street Journal announced that the American fintech company Stripe that develops solutions for receiving and processing e-commerce electronic payments, sold its shares for a serious sum.<\/p>\n\n\n\n

The information sources of the journal claim that the sum of the trade amounted to $1 billion. Among the buyers were Silver<\/a> Lake and Capital Group companies, the Shopify e-commerce platform and Sequoia Capital venture trust. Note that these companies had already been the investors of the payment service, and with this purchase they increased their shares in the startup.<\/p>\n\n\n\n

The WSJ claims that the collected money will be allocated for expanding their business in Europe and entering the markets of India, Brazil, and Indonesia.<\/p>\n\n\n\n

<\/span>Main facts on Stripe<\/span><\/h2>\n\n\n\n