Mark Carney joins board of digital payments giant Stripe
Former Bank of England Governor Mark Carney has joined the board of online payments provider Stripe.
The announcement closely follows reports that the US firm is planning a primary funding round, valuing it at more than $100 billion.
It raised $600 million in April in an extension of a Series G round and was valued back then at $36 billion.
Stripe offers payment services to businesses in more than 40 countries, covering the likes of Europe, south east Asia and Latin America. Customers include Zoom, Slack, Wayfair, Shopify, Amazon, Deliveroo and Grab.
Carney says: “The very nature of commerce has changed over the past decade. Stripe has been at the forefront of enabling this new digital economy, providing innovative and resilient global payment solutions to businesses large and small.”
He adds: “In the process, it has been breaking down barriers to global trade and accelerating economic output.”
“I look forward to supporting them over the coming years as they build the global infrastructure that enables the internet to become the engine for strong and inclusive economic growth.”
“As we enter our second decade, Mark’s unparalleled experience of the highest levels of financial services and central banking will be of enormous benefit as we work to grow the GDP of the internet,” says John Collison, Co-founder and President, Stripe.
“From his desire to see faster settlement systems to his commitment to climate change mitigation, Mark’s values align with ours. We’re delighted he’s joining our board of directors.”
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