Affirm’s Post

𝗦𝘁𝗿𝗶𝗽𝗲’𝘀 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗦𝗸𝘆𝗿𝗼𝗰𝗸𝗲𝘁𝘀 𝘁𝗼 $70 𝗕𝗶𝗹𝗹𝗶𝗼𝗻: What’s Behind the Surge? 🚀💸 Stripe’s valuation has just hit a stunning $70 billion! Sequoia Capital is snapping up shares, signaling strong confidence in this fintech giant's future. But what is fueling this massive valuation? 4 key Highlights: Sequoia's Big Move: 💼 Sequoia Capital is offering to buy Stripe shares at $27.51 each, targeting investors from 2009 to 2012 who might want to cash out. They're set to purchase up to $861 million in shares. Impressive Valuation: 💰 Stripe’s valuation has climbed to $70 billion, a notable increase amidst rising interest in fintech. In comparison, its closest competitor, Adyen, trades at a market cap of $39 billion. Massive Payment Volume: 📊 Stripe processes over $1 trillion in payments annually, rivaling Adyen in both volume and growth rate. This impressive scale underscores Stripe’s significant market presence. Market Share Insights: 🌐 Stripe dominates the payment processing landscape with an estimated market share of 38.65%, surpassing competitors like PayPal and Authorize.net. Adyen holds a market share of 0.33%. What do you think about Stripe's valuation and its impact on the fintech landscape? 💬🔍 #Fintech #Investment #Stripe #Valuation #MarketTrends #Adyen

My business partner was recently featured in this Tearsheet article. I believe it's worth a read, it showcases how Christine creates edutainment content on TikTok to augment our company's marketing & consumer awareness strategies. (Please click on her post below or use this link if you'd like to read the article - https://lnkd.in/dsyMa3m7)

Budgeting apps are hard to make, but one fintech is out to change how people think about personal finance management by changing the design paradigm around the behavior. As the founder of a bootstrapped fintech, Christine Devane details how her Graduate degree spurred her on to build a Gen Z friendly budgeting app and how the current VC climate and socio economic conditions impacted their development process. Brightfin #budgetingapp #personalfinance #fintechfounders #genz #tiktok https://lnkd.in/dsyMa3m7

🌟 Reflecting on Stripe’s Journey: My Take on Fintech Innovation 🌟 Watching Stripe evolve from a startup to a global fintech leader has been nothing short of inspiring. It’s a journey that’s packed with lessons on innovation and strategy in the financial world. 📊 Understanding Market Needs When Stripe was founded, the goal was to simplify online payments. I’ve seen firsthand how crucial it is to spot and address market gaps. It’s all about tuning into what users truly need and driving growth based on those insights. 💡 The Power of Technology Stripe’s approach to leveraging technology for a smooth payment processing experience was a game-changer. It’s clear to me now how embracing new tech can disrupt traditional models and keep you ahead in a fast-changing landscape. 🌍 Global Expansion and Scalability Expanding into over 120 countries is no small feat, and it’s a testament to the importance of scalability. Navigating diverse markets while staying true to your brand identity is key, and Stripe’s strategy has really highlighted this for me. 🤝 Focus on Customer Success What stands out to me about Stripe is its dedication to customer success. By offering tools like fraud prevention and subscription management, they’ve shown how valuable a customer-centric approach can be in building lasting relationships. 🔑 Key Takeaways Identify Market Gaps: Always be on the lookout for innovation opportunities. Leverage Technology: Use digital tools to boost efficiency and adaptability. Plan for Scalability: Make sure your growth strategy aligns with your core values. Prioritize Customers: Build strong relationships by focusing on what your clients need. Stripe’s journey has truly inspired me to embrace adaptability, innovation, and a customer-first mindset as we navigate the ever-evolving world of finance. 🚀💼 #Stripe #Fintech #Innovation #CustomerSuccess #Leadership

2nd #fintech related news to #ipos today. Stripe's valuation surged to $65bn, which is very good news for the FinTech market overall. But will it delay the IPO? "Stripe's valuation surged to $65 billion in a deal that will allow employees to cash out their stock, the payments service provider said on Wednesday, potentially further delaying its much-awaited initial public offering (IPO). Stripe said the majority of the funds for the deal are being provided by investors, but it will also use some of its own capital to repurchase shares of some current and former employees in the so-called "tender offer."" #payments #venturecapital ##paymentinnovation #mergersandacquisitions 👇👇👇 https://lnkd.in/eU6rdsmb

If only liquidity could be addressed by drinking a glass of water. The past few years have seen a IPO market essentially in hibernation, which has limited exit strategies for plenty of unicorns. Stripe has been one of those companies watching its valuation skyrocket but as exits have slowed, investors and employees have had limited options to cash out. Stripe is allowing its employees to cash out more stock as the fintech giant continues to put off an IPO. The gist is that Stripe and its investors will spend over $1 billion to buy back employee stock, which is intended to minimize the dilution of the company's employee equity compensation programs. The $65 billion valuation requires some context. Though the current valuation is higher than the $50 billion in March 2023, it remains significantly lower than the peak $95 billion valuation reached in March 2021 following a $600 million funding round. Considering the broader context, buying back shares is typically a strategy to boost investor confidence, as valuations for high-growth companies stagnate, IPOs remain scarce, and acquisitions become less frequent. For Stripe employees, none of this matters so much as the fact everything they've worked so hard for now has some liquidity https://lnkd.in/eHr262_i #stripe #ipo #stocks #employees #unicorn #fintech

Day 4 💖 #CIB_Summer_Internship_2024 Here is a summary of my favorite fintech company and how their services are positively impacting society and the economy: My favorite fintech company is Stripe, a digital payments platform founded in 2010. Stripe has had a significant positive impact on the economy and society in several ways: 1. Enabling Small Business Growth: Stripe's easy-to-use payment processing and developer- friendly APIs have made it much simpler for small businesses and startups to accept digital payments. This has lowered the barriers to entry for entrepreneurs, allowing more people to start and grow their businesses. 2. Driving E-commerce Innovation: Stripe has been a key enabler of the explosive growth in e- commerce over the past decade. Its seamless checkout experiences and advanced fraud protection tools have helped online merchants of all sizes accept payments securely and scale their operations. 3. Fostering Financial Inclusion: By providing payment infrastructure to businesses in over 120 countries, Stripe has extended digital financial services to many underbanked regions around the world. This has increased access to the formal economy for millions of people previously excluded from it. 4. Accelerating the Shift to a Digital Economy: Stripe's suite of products, from online payments to business banking, has been at the forefront of the transition from physical to digital financial transactions. This shift has increased efficiency, reduced costs, and expanded economic opportunities. 5. Supporting the Creator Economy: Stripe has been a critical partner for the rise of the creator economy, powering payments for platforms that enable millions of independent content creators, freelancers, and gig workers to monetize their skills and passions. Overall, Stripe's innovative fintech solutions have had a transformative impact, empowering businesses, fostering entrepreneurship, driving economic growth, and promoting financial inclusion - all of which have positively benefited society as a whole. Thanks Lydia Kamiel, Mostafa Torky, Nader Fouad and Farida Elsefary 💖 💖

Sequoia Capital has approached investors with an offer to buy shares in Stripe at a $70 billion valuation https://lnkd.in/epph2hrU This is after Stripe’s valuation has oscillated quite a bit (along with that of other fintechs) over the last 4 years peaking at $95 billion in 2021 before Covid, dipping to $50 billion in March 2023 and climbing to $65 billion in February 2024. Interestingly Stripe’s total volume processed and revenues continue to increase steadily across this period with $640 billion in payment volumes in 2021, increasing to $817 billion in 2022, and surpassing the $1 trillion mark in 2023. https://lnkd.in/ej57uXNW Revenues are estimated to have increased from $12 billion in 2021 t0 $14 billion in 2022, and an estimated $16 billion in 2023. The $70 billion valuation at an implied revenue multiple of 4.4x is substantially lower than the circa 8x revenue valuations in 2021 and the average 6.5x revenue valuations of payment fin techs in general and the 20x valuation of publicly listed competitor Adyen. https://lnkd.in/e-AwMXGg

#Stripe Rockets to New Heights: Valuation Hits $65B as #Employees Cash in Big Time! Happy employees seize a golden opportunity to cash out over $1 billion in #stock. The delayed #IPO only adds to the anticipation. In an employee share sale deal, Stripe and select investors rally to buy back shares from current and former employees, with heavyweights like #SequoiaCapital and #GoldmanSachs's growth equity fund joining the fray. This staggering valuation surge comes on the heels of Stripe's $50 billion valuation milestone in 2023, where it raised a whopping $6.5 billion. Back then, Stripe emphasized it didn't need the capital for operations, but now, it's providing a windfall for employees while covering taxes and boosting liquidity. As Stripe continues its meteoric rise, employees are reaping the rewards, cementing its status as a titan in the #payments industry. #fintech #digitalpayments #lending #financialservices #banking #tech #APIs #bnpl #genAI #digitalwallets #bigdata #ecommerce #commerce #smbs

#CIB_Summer_Internship_2024 What is your favorite Fintech worldwide? How is their service impacting society and the economy positively Stripeis one of the leading fintech companies worldwide. Founded in 2010, it provides online payment processing services for businesses of all sizes. Here are some ways Stripe's services positively impact society and the economy: Positive Impact on Society: 1. Expanding Access to Financial Services: Stripe enables small and medium-sized businesses to easily accept online payments, integrating them into the digital economy. 2. Supporting Entrepreneurship: By offering user-friendly tools for managing payments, Stripe helps entrepreneurs focus on growing their businesses instead of worrying about financial aspects. 3. Promoting Financial Inclusion: Stripe provides financial services to individuals and businesses in remote areas or those lacking traditional financial infrastructure. Positive Impact on the Economy: 1. Stimulating Economic Growth: By facilitating electronic payment processes, Stripe helps businesses increase their sales and expand their customer base, contributing to overall economic growth. 2. Encouraging Innovation: Stripe offers an open platform that developers can use to create new financial applications and services, fostering innovation in the fintech sector. 3. Improving Efficiency: Stripe's services reduce operational costs for businesses by automating payment processes and minimizing the need for paper-based transactions. Thanks to these positive impacts, Stripe is a great example of how fintech can improve daily life and boost the global economy.