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STRIPE IS THE MOST AWAITED IPO THIS YEAR

Rohit YadavAugust 9, 2021
BusinessMarketsNewsTechTrending
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Initial public offerings are becoming more appealing to investors as the stock
market rebounds from the COVID-19 epidemic. Despite the fact that IPOs were
particularly sluggish in 2020 because of the worldwide pandemic, 2021 is shaping
up to be a record year. Companies raised almost $21 billion on the New York
Stock Exchange and over $34 billion on the Nasdaq, compared to the same period
last year.

(Source: Thimpress)

Stripe is one business expected to go public this year, according to investors.
Some of the world’s top corporations are users of the private fintech firm,
which handles billions of dollars in payments each year.




ABOUT STRIPE

Stripe, founded in 2011 by brothers CEO Patrick Collison and President John
Collison, is a technology firm that allows companies to accept online payments.
Stripe employs approximately 2,500 people and has offices in San Francisco and
Dublin, as well as 14 other locations across the world, including London, Paris,
Singapore, and Tokyo.

Stripe is a payments platform and API provider for businesses of all sizes, from
startups to large enterprises. The technology of the firm is cloud-based,
resulting in dependability, scalability, and security.




STRIPE’S BUSINESS MODEL

Stripe’s Payments product line includes online payments, in-person payments,
platform payments, subscription management, and online invoicing. Corporate
credit cards, company finance, and banking-as-a-service are all available
through Financial Services. Fraud and risk management, bespoke reporting,
startup incorporation, and carbon elimination are among the services provided by
Business Operations.

For most clients, Stripe offers a simple pay-as-you-go pricing plan. Customers
will be charged 2.9 percent plus 30 cents for each successful card charge for
the integrated payments platform, which is transaction-based. There are no
startup fees, monthly fees, or hidden expenditures with this firm. Stripe
provides a bespoke package for customers with large volume or country-specific
demands.


WHY IS STRIPE’S IPO SO UNIQUE?

Investors are keeping a close eye on the potential of a Stripe IPO, since the
business has performed remarkably well in the ten years since its founding.
Stripe is one of the world’s largest and most valuable fintech firms, serving
many of the world’s most powerful corporations.



Fintech initial public offerings (IPOs) have lately gained popularity in the
stock market. For example, when Affirm, a buy-now, pay-later company, went
public in January 2021, its stock nearly quadrupled in value. After its initial
public offering (IPO) in the summer of 2020, an online banking business saw its
shares climb over 200 percent.

Many potential Stripe investors are looking for a similar outcome.

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Rohit Yadav

Hi! I'm Rohit, If you like reading about markets, technology and business,
you've come to the right place. Catch me: rohit@connasys.com




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