Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe Inc., speaks during a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. Stripe Inc. provides payment software services and solutions by designing and producing software to process online credit and debit card payments. Photographer: David Paul Morris/Bloomberg

ISSUE – Jan. 30 | Stripe Raises $100 Million at $22 Billion Valuation

Payments startup Stripe has raised an additional $100 million from Tiger Global Management,boosting the firm’s valuation to more than $22 billion, according to a person close to the company. The fundraising is a follow-on round to a $245 million round led by Tiger Global last year, which valued Stripe at $20 billion. The money will be used for growth areas including international expansion, the person said. [ The Information ]

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