Stripe Valued at $5bn

Stripe, a digital payments startup, received an investment from Visa that values the company at $5bn.  The investment is part of a larger round that includes Kleiner Perkins, American Express, and Sequoia Capital.  Stripe was last valued at $3.5bn in May.  Stripe and Visa also signed a commercial agreement in which the two companies will work closely on initiatives around payments security and new product innovation.

Stripe is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 106 companies organized by investment theme.