Stripe raises $100m at $22.5bn valuation

Stripe has secured another $100 million in funding, this time from Tiger Global Management, boosting the payments firm's valuation to $22.5 billion.

Founded in 2010 by Irish brothers Patrick and John Collison, Silicon-Valley-based Stripe has built itself up into a multi-billion dollar company off the back of making it easy for online sellers to accept card payments.

The firm has built up an impressive list of clients, recently adding Google and Uber to its stable of users ranging from one-man web stores to commerce giants.

Source: FinExtra. Full article here