Stripe becomes most valuable US unicorn with mega founding round

Online payments provider Stripe has raised $600 million at a $95 billion valuation.

This cements its position as the most valuable US unicorn, moving it ahead of SpaceX.

Primary investors included Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and Ireland’s National Treasury Management Agency (NTMA).

Great news that @stripe is to create 1000 extra jobs in Ireland over the next five years with an investment of €500m.
A big vote of confidence in Ireland and cements our position as a global technology hub.

— Micheál Martin (@MichealMartinTD) March 14, 2021

Stripe, which recently added former Bank of England Governor Mark Carney to its board, will use the capital to invest in its European operations, and its Dublin headquarters in particular.

“We’re investing a ton more in Europe this year, particularly in Ireland,” says John Collison, President and Co-founder, Stripe. “Whether in fintech, mobility, retail or SaaS, the growth opportunity for the European digital economy is immense.“

Sign up for our free retail technology newsletter here.