Payments Startup Stripe in Talks for Funding at $70 Billion Valuation

 Stripe Inc. is in talks to raise a new funding round valuing it higher than its last private valuation of $36 billion, Bloomberg reports.

The valuation being discussed could be more than $70 billion or significantly higher, at as much as $100 billion, said one of the people, who asked not be identified because the matter is private. That would make it currently the most valuable venture-backed startup in the U.S., according to CB Insights.

Read more: Bloomberg