news.volyx.in

Stripe’s new funding round values company at $35B (wsj.com)

709 points by tempsy · 2585 days ago · 253 comments on HN

Article summary

Stripe has raised new funding, valuing the company at $35B. The funding round and valuation have sparked discussion about the company's worth and comparison to other financial firms. Stripe's valuation is based on the price paid for a portion of the company. The company's financials and growth prospects are not publicly disclosed.

Main themes

  • Stripe valuation
  • financial services comparison
  • private company funding
  • payment processing market

What commenters say

  • Stripe's valuation is deserved due to its strong platform and execution.
  • The company's valuation is not comparable to traditional financial institutions like Goldman Sachs due to differences in business models and revenue streams.
  • Stripe's valuation is high compared to other payment processing companies like Square and Adyen.
  • The company's decision to remain private is strategic, allowing it to focus on growth and avoid public market pressures.
  • Stripe's growth prospects and potential for future earnings justify its high valuation.
  • The payment processing market is fragmented, and companies like Mastercard and Visa will continue to benefit from the shift to digital payments.
  • Stripe's platform and services are not significantly better than those of its competitors, and the choice between providers often comes down to cost and custom pricing.
  • Developing in-house payment technology is feasible for large companies like Lyft, but may not be necessary given the availability of third-party providers like Stripe and Adyen.