Fintech giant Stripe's valuation surges to $65b in stock-sale deal for employees

Fintech giant Stripe's valuation surges to $65b in stock-sale deal for employees

FILE PHOTO: A smartphone with the Stripe logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration

Stripe‘s valuation surged to $65 billion in a deal that will allow some of its employees to cash out their stock in the company, the payments service provider said on Wednesday.