News Score: Score the News, Sort the News, Rewrite the Headlines

Stripe's valuation climbs to $91.5 billion in secondary stock offer

Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion, the closest the company has been to its peak valuation of $95 billion in 2021."We very much care about providing good liquidity for employees and existing shareholders," Stripe co-founder and President John Collison told CNBC's Andrew Ross Sorkin in an interview on "Squawk Box."As for the company's long-awaited public market debut, Collison said, "We are not dogmatic on t...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines