Stripe extends Series G round, raises USD 600 mln

Tuesday 21 April 2020 13:21 CET | News

Stripe has announced an extension of its Series G round, raising an additional USD 600 million from investors including Andreessen Horowitz, General Catalyst, GV, and Sequoia.

In 2020, Stripe has welcomed companies such as Caviar, Coupa, Just Eat, Keap, Lightspeed, Mattel, NBC, and Paid as customers. The company added Zoom just recently, to the list of companies using Stripe’s payment services.

As a payments infrastructure provider, Stripe plans to invest further in growing its platform, including: continuing to hire around the world; deepening its stack of software functionality to simplify online business; accelerating its geographic expansion (with upcoming launches in Bulgaria, Cyprus, the Czech Republic, Hungary, Malta, and Romania); and pursuing strategic initiatives or acquisitions, no matter the climate.

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Keywords: Stripe, funding, payment infrastructure
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce