US fintech heavyweight Stripe is reportedly in talks over a potential employee share sale that could see the company’s valuation climb to $85 billion, according to Bloomberg, which cites sources familiar with the matter.Stripe reportedly in talks over potential employee share saleThis marks around a 20% increase from its previous valuation of $70 billion following a similar secondary share sale last year and is a significant rise from its $50 billion valuation following its $6.5 billion investment round in 2023.Bloomberg’s sources note that discussions are still ongoing and terms could still change.Stripe has been steadily working its way back toward its peak valuation of $95 billion, achieved after a $600 million funding round in 2021, which at the time made Stripe Silicon Valley’s most valuable private company.The news comes shortly after a leaked memo reported by Business Insider revealed that Stripe was planning to lay off over 300 employees, primarily in engineering, product, and operations roles. However, despite this, Stripe’s chief people officer, Rob McIntosh, has said that the firm intends to grow its workforce by around 1,500 this year, aiming to reach 10,000 by year-end.FinTech Futures has reached out to Stripe for comment.
Mer. Feb 12th, 2025
