Adrian Weckler: Don’t be fooled by Stripe’s ‘modest’ growth – it’s a star

Patrick and John Collison of Stripe. Photo: Kristina K. Weiss DaiLon Weiss

Last week, Stripe’s private valuation reached a new high of $106.7bn (€90.9bn) after an internal share sale, details of which were confirmed to the Sunday Independent by people with direct knowledge of the financial activity.

The Collison-owned company’s last peak was $95bn (€80.9bn) in 2021. So it has grown its valuation by about 13pc in the four years, a little lower than the Irish inflation rate.

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