San Francisco based payments processor Stripe has raised a $150 million venture round valuing the company over $9 billion. The round was led by CapitalG and General Catalyst Partners.
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Value of Payments Provider Stripe Doubles to $9.2 Billion
In addition to payments processing, Stripe offers a payment fraud prevention product and a tool kit called Stripe Atlas that allows entrepreneurs around the globe to register their new businesses as United States-based companies with a United States bank account, Stripe payments tools and basic legal, tax and computing services from the accounting firm PricewaterhouseCoopers, the law firm Orrick, Herrington & Sutcliffe and Amazon Web Services. Atlas decreases the time it takes to set up a company from months to days.
