Technology

Reuters ahead with Stripe IPO news

Reuters was first to report that digital payments processor Stripe Inc, the most valuable U.S. technology startup, has taken its first major step toward a stock market debut by hiring a law firm to help with preparations. The 11-year-old company, which was valued by investors at $95 billion in a fundraising round in March, has sat out this year’s red-hot market for initial public offerings (IPOs), using private tender offers to allow some of its existing investors and employees to cash out their holdings.  

Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: EquitiesTechnology
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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