FinTech startup Stripe has reached $35bn valuation following its latest funding round.
Stripe has raised $250mn in equity in this round.
The round was led by Sequoia and Andreessen Horowitz.
Stripe’s clients include Airbnb, Lyft and Spotify.
What does this mean?
The Silicon Valley startup is now closer to becoming the most valuable of its Californian counterparts, overtaking Airbnb and Palantir.