Stripe is discussing public listing for 2022 with bankers
The 11-year-old company is considering a market debut through a direct listing or initial public offering (IPO), the people said, asking not to be identified because the information was private. Its plans including the timing could still change, the people said.
A representative for Stripe, with headquarters in Dublin and San Francisco, declined to comment.
Stripe, founded by brothers John and Patrick Collison, is one of the most anticipated listings in years and among the biggest private companies to ever go public. Already, the Collisons each have a net worth of $11.4 billion, according to the Bloomberg Billionaires Index.
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Stripe
raised $600 million in March at a valuation of $95 billion. That makes it the most valuable US startup and one of the biggest globally alongside TikTok parent ByteDance Ltd, according to data provider CB Insights.
( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)
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