Stripe, a payments powerhouse headquartered in San Francisco which builds economic infrastructure for the internet, is now raising $250 million in additional funding. Thisis a new pre-money valuation of $35 billion—from investors including General Catalyst, Sequoia, and Andreessen Horowitz, among others.
Stripe will use the capital to accelerate its growth in three key areas including, accelerating international expansion; growing its product suite; and extending its enterprise capabilities.