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Stripe Said to Be Headed for IPO or Acquisition

JJ HornblassbyJJ Hornblass
September 17, 2014
in Payments
Reading Time: 1 min read
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canstockphoto6216291Stripe is reportedly considering an initial public offering or sale, Bloomberg reports today.

According to the report, Stripe, a payments company for developers, “is widely regarded as a potential initial public offering candidate or acquisition target down the road.”

Stripe has raised $140 million in venture funding since its launch in 2009. Earlier this year, it did a funding round with a $1.75 billion valuation.

Apple named Stripe as one of its Apple Pay partners last week.

Stripe’s founder played down the IPO talk:

As for Stripe’s prospects, Patrick Collison declined to comment on an IPO, saying the company’s focus is “100 percent on building that platform.” He said potential acquirers “ping you wanting to talk all the time,” adding that the startup has been clear that it isn’t interested in a sale.

So noted.

Tags: AppleApple PayCapital & FundingdevelopersIPOmergers and acquisitions (M&A)mobile paymentsstartupsStripe
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