Reuters ahead with Stripe IPO news

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Last Updated on July 16, 2021 by admin

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Technology

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.  

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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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