Crypto-friendly Stripe weighs public offering: Report By Cointelegraph
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Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility.
Stripe has hired Goldman Sachs (NYSE:) and JPMorgan Chase (NYSE:) to advise on the feasibility and timing of a public-market debut, according to a Jan. 26 report by The Wall Street Journal. A source with knowledge of the matter told the Journal that Stripe’s executives will either take the company public or allow employees to sell shares in a private transaction.
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Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility.
Stripe has hired Goldman Sachs (NYSE:) and JPMorgan Chase (NYSE:) to advise on the feasibility and timing of a public-market debut, according to a Jan. 26 report by The Wall Street Journal. A source with knowledge of the matter told the Journal that Stripe’s executives will either take the company public or allow employees to sell shares in a private transaction.
Continue Reading on Coin Telegraph