Stripe is arranging a tender offer that would give the payments company a valuation of at least $140 billion, and its leadership says it is not currently planning an IPO amid steady private‑market growth.
Stripe Inc., the U.S. payments infrastructure provider, is organizing a secondary tender offer for shareholders that could value the company at around $140 billion, according to people familiar with the matter. This represents a significant increase from its reported valuation of about $107 billion last year.
The tender offer mechanism allows current and former employees and other stakeholders to sell shares on the private market without the company going public. Stripe has held similar liquidity events in recent years as part of its long‑standing decision to remain privately held.
Stripe co‑founder and president John Collison has publicly stated that the company is “still not in any rush” to pursue an initial public offering (IPO). Stripe has said in previous comments that remaining private gives it flexibility regarding long‑term strategy and the timing of any potential public listing.
The company has not announced a new primary funding round since a large raise in 2023, instead focusing on profitability and private liquidity events. Stripe reported reaching full‑year profitability in 2024, further reducing pressure to seek capital through public markets.
Stripe continues to expand its product offerings and operations, including investments in stablecoin and payments technology infrastructure through acquisitions and internal development, even as it delays or defers a traditional IPO.
Its stablecoin push has accelerated in recent months, as the payment company launched Open Issuance — a platform that lets businesses launch their own stablecoin in days, built on infrastructure from Bridge, the stablecoin startup Stripe acquired in 2024. To better serve the 30% of its partner businesses that operate on recurring revenue models, including most AI companies, Stripe has also introduced subscription features for stablecoin payments.
