Report: Stripe tried to raise more funding at a $55B-$60B valuation

When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital at the highest-ever valuation for a privately-held startup.
Defending that valuation appears to be proving challenging. The fintech company has reportedly approached investors about raising more capital — at least $2 billion — at a valuation of $55 billion to $60 billion. According to the Wall Street Journal, Stripe would not use the money toward operating expenses but rather to cover a large annual tax bill associated with employee stock units. It is not clear if any discus

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