Stripe raised $6.5 billion in funding, bringing its valuation to $50 billion

Stripe, a payments processing company, has raised over $6.5 billion in funding at a $50 billion valuation, a decrease of approximately 47% from its previous valuation of $95 billion in 2021. According to a press release, the funds will not be used for business operations but to provide liquidity to current and former employees and […]