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Stripe Hits ‘Staggering’ $22B Valuation with Boost from Tiger Global

Stripe, a digital payment company, has reached a $22.5 billion valuation after pulling in $100 million from Tiger Global Management. So reports CCN.

Last year, Tiger Global was involved in a $245 million investment into the company, helping it hit the $20 billion mark. Stripe was one of the first companies to process payments with bitcoin, but removed that ability after reporting “slow transaction confirmation times and high fees for a substantial decrease in the number of merchants accepting crypto payments.”

Read the full article from CCN.

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