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Stripe raises $600M at nearly $36B valuation

(www.axios.com)
721 points hhs | 3 comments | 16 Apr 20 14:35 UTC | HN request time: 0.761s | source
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pc ◴[16 Apr 20 15:41 UTC] No.22890523[source]▶
Stripe cofounder here. This isn't really new -- it's an extension of our last round (https://www.cnbc.com/2019/09/19/fintech-start-up-stripe-notc...).

That said, we've seen a big spike in signups over the past few weeks. If any HN readers have integrated recently and have feedback, we're always eager to hear it. Feel free to email me at patrick@stripe.com and I'll route to the right team(s).

As always, thank you to the many HNers who are also active Stripe users!

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1. robhunter ◴[16 Apr 20 17:39 UTC] No.22891711[source]▶
Stopping new Stripe Capital offers during the COVID-19 pandemic is completely understandable, but feels like it wasn't really well communicated to long-term clients.

Will you continue to originate new Strike Capital offers? When?

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2. pc ◴[16 Apr 20 17:59 UTC] No.22891875[source]▶
Yes, we will! (And, while we are trying to make sure we understand the impact of Covid-19 across our lending portfolio, we haven't stopped extending new loans.)
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3. robhunter ◴[17 Apr 20 03:24 UTC] No.22895927[source]▶
OK - for months, we had an available offer of $25k - disappeared in mid March despite minimal/normal churn at the time. Felt to us like the plug got pulled.