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Stripe raises $600m in new funding at $95b valuation

San Francisco based digital payments company raised $600m in new funding led by Ireland’s National Treasury Management Agency (NTMA). 

“It will just sit on the balance sheet,” Mike Moritz, partner at Sequoia Capital and a Stripe board member, said in an interview, emphasizing that the money will just be “a rainy day fund -- it pays to have a little more insurance.”

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payments, ireland, europe