Stripe said it has agreed with investors to repurchase shares from current and former employees in a deal that values the financial technology company at $91.5bn.
The share buyback, structured as a tender offer, will allow eligible employees to liquidate part of their equity holdings without waiting for the company to go public—a milestone the fintech has yet to pursue despite its soaring valuation.
Stripe said it will fund a portion of the repurchase, while external investors will finance the remainder.
“Stripe has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $91.5bn (€87.3bn) valuation. Alongside investors, Stripe will also repurchase shares,” it said in the tender obtained by The PUNCH.
The latest tender offer follows two prior employee liquidity programmes, including a $6.5bn funding round in March 2023 at a $50bn valuation and a stock-sale deal in February 2024 that valued the company at $65bn.
It added, “Businesses on Stripe generated $1.4tn in total payment volume in 2024, up 38 per cent from the prior year. Stripe now serves half of the Fortune 100, 80 per cent of the Forbes Cloud 100, and 78 per cent of the Forbes AI 50.”
Stripe is the largest privately owned fintech company that provides online payment processing services, enabling businesses to accept credit card payments easily. It was founded in 2010.
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