Stripe just became Silicon Valley’s most precious gem and clearly, Patrick and John Collison have the luck of the Irish as their digital payments brainchild has reportedly raised $600m at a $95B valuation, making it the most valuable private company ever to come out of Silicon Valley. (apparently, they don’t even need the money)
Here’s why: It’s the platform other platforms use to process money
Some 90% of US adults have bought from companies that use Stripe.
The company counts Amazon, Salesforce, Microsoft, Shopify, Uber, and Zoom among its customers — and at least 50 of these customers process $1B+ on Stripe annually.