Stripe IPO 2023: Stock Price, Date, Ticker & Public Company Details

Stripe Ipo

Online payments processor Stripes IPO (initial public offering) is one of the most anticipated listings in the tech industry.

The company made its first steps to go public in 2021. And with a projected valuation of $50 billion as of (March 15, 2023), Stripe is on track to debut among the biggest IPOs in history.

But how does a retail investor go about investing in an IPO like Stripe, especially if they make a direct listing?

Find out more about what could be one of the hottest IPOs and how to buy Stripe stock on Public.com if it lists on the stock market.

Table of Contents

  1. What is Stripe?
  2. When Is the Stripe IPO Date?
  3. How Much is Stripe Worth?
  4. Why Does Stripes IPO Stand Out?
  5. How to Invest in the Stripe IPO
  6. Strength and Opportunities of Stripe IPO
  7. Weaknesses and Risks of Stripe IPO
  8. Stay Informed on the Stripe IPO Date

TL;DR

  • Stripe lowered its valuation to $50 billion from $95 billion as of March 15th, 2023 when they raised $6.5 billion in series I.

  • Stripe registered its plans to go public with the SEC but an exact IPO date has not yet been published.

  • Within the next 12 months, Stripe will either go public or allow its employees to sell shares via a secondary offering, as per the announcement by the co-founders. It is still anticipated as being one of the largest IPOs.

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What is Stripe?

Stripe is a payment processing firm and its considered one of the most valuable technology startups. Brothers Patrick and John Collison created the private company in 2010. It has headquarters in both Dublin, Ireland, and San Francisco, California.

Stripe has risen over the years to become what the New York Times called the largest among a class of fast-growing, highly valued financial technology companies.

Stripes core product is payment processing, and scores of e-commerce businesses use itincluding the most recognizable names. From startups to Fortune 500 companies, some of Stripes customers include Zapier, Slack, Google, Instacart, Amazon, and Shopify. Businesses in over 120 countries use Stripe to help facilitate commerce and growth.

When Is the Stripe IPO Date?

Will Stripe go public this year? We dont know yet. Stripe is expected to go public sometime soon, although no date has been set. The company filed its intentions to go public with the Securities and Exchange Commission (SEC) in July 2021.

Some say due to its massive valuation, Stripe doesnt need the capital and could pursue a direct listing instead of a traditional IPO. A direct listing involves offering current investors the chance to sell shares without being bound by a lockup period. A traditional IPO on the other hand, is when a company going public works with investment banks to sell its shares on a stock exchange via institutional investors.

Retail investors interested in buying shares of Stripe, once its publicly traded, or other companies that list on the stock market can do so through most brokerage firms.

Public is working toward an IPO allocation offering. Our Public Live shows cover the latest IPOs so you can find out about any upcoming IPOs. And with Public Premium you can access advanced business metrics on public companies.

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How Much is Stripe Worth?

Stripe lowered its valuation to $50 billion from $95 billion as of March 15th, 2023 when they raised $6.5 billion to provide liquidity to current and former employees amidst economic and political uncertainty

The company has had a number of fundraising rounds, with the most recent being in March 2023, when it raised $6.5 billion million from a number of companies including Andreessen Horowitz, Baillie Gifford, MSD Partners and Thrive Capital, among others. Heres a full list:

Funding RoundTransaction Details
Seed RoundFrom Y Combinator in August 2010
Seed RoundIn 2011, Stripe held a $2 million seed funding round led by Sequoia Capital.
Series AIn February 2012, the Series A from Sequoia Capital was worth $18 million.
Series BSequoia Capital, Redpoint Ventures, Founders Fund, and others invested $20 million in July 2012.
Series CJanuary 2014 was a Series C for $80 million.
Series CInvestors added $70 million more in December 2014.
Series CStripe raised another $100 million in July 2015.
Series DIn November 2016, Stripe raised another $150 million. Leading this investment round were CapitalG and General Catalyst.
Series EThe company’s Series E took place in three steps starting September 2018. Proioxis Ventures Fund, Tiger Global Management and others brought in $345 million.
Series GStripe conducted a dual-part Series G funding round starting in September 2019. Andreessen Horowitz, General Catalyst, and others brought in $850 million.
Venture RoundThey raised $1 million in May 2020.
Series HStripe underwent a $600 million funding round that brought the company’s pre-money valuation to $94.4 billion.
Venture roundThey received an undisclosed amount in June 2021
Series IStripe underwent a $6.5 billion funding round that brought the company’s pre-money valuation to $50 billion

Why Does Stripes IPO Stand Out?

Stripes IPO is one of the most anticipated listings in a while, mostly due to its high valuation The COVID-19 pandemic also fueled its growth, with many businesses turning to Stripe to fill their sudden need to build online payments capabilities.

The payment platform is designed for any company to be able to use and scale as needed. Within the payments processing, Stripe offers revenue management apps, fraud prevention, and a cloud-based infrastructure. It also offers BNPL (buy now, pay later) services.

Other business segments the company has been focusing on include additions of new programs such as Stripe Identity and Stripe Tax. Stripe has also been actively investing in other fintech startups and has taken on a few acquisitions of its own. It has invested in corporate card issuer Ramp and teen-focused payments and banking app Step. Other investments this year have been in Pico, Safepay, Accord, and Balance.

How to Invest in the Stripe IPO

If you want to invest in Stripe, you can do so when and if it goes public. Once its publicly listed, you can buy shares of Stripe during stock market open hours the same way you would buy shares of any other public company.

First, you should make sure you want to invest in Stripe by analyzing their financial history and reports that become available after a company goes public. With Publics Premium offering, you can get access to advanced business metrics on many public companies and follow their financial performance, market cap and valuation, and growth metrics as the company progresses.

While its financial statements are currently private, once it goes public, Stripe will have to publish its financial statements every quarter. These statements will give insight into Stripes cash flow, financial position, and potential financial risks, such as pending lawsuits.

Once youve decided whether or not to invest in Stripe when its listed, you can buy stock through the Public.com app.

Public is working on an IPO allocation offering and members can join the waitlist to be notified about upcoming IPO allocations through the Public.

To buy shares of a company:

  • Sign into the Public app or website and look up the company you want to buy stock in.
  • Make sure you have funds in your account.
  • Decide how much you want to buy and then place your order.

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Strength and Opportunities of Stripe IPO

  • Market remains largely untapped, with room for plenty of growth. The online payment industry is still booming, with many transactions switching to digital instead of paper even as life gets back to normal.
  • History of strong leadership. Plus, it doesnt only offer payment processing, but a host of other valuable services to diversify its product line. That trajectory is bound to continue.
  • One of the most valued startups in the U.S. About 964,894 websites currently use Stripe, including many top brands like Slack, Xero, Deliveroo, Ford, and more.

Weaknesses and Risks of Stripe IPO

  • Generates a large amount of business through Shopify, and the companys dependence on it could be a problem.
  • Stripes enormous valuation means the company would need to prove it can continue to grow post-IPO, as weve seen with other public companies. Its large valuation could actually deter some investors away, as it could fall when it debuts on the stock market. It was also recently devalued from $95 billion to $50 billion, which could give some investors pause.
  • There is a lot of volatility with an IPO. Investing is risky, so if you want to invest in Stripes IPO, make sure to do your own research and seek out the investment advice of a professional before investing in the stock market.

Stay Informed on the Stripe IPO Date

Stripe holds a strong segment of the payments-processing market in spite of competition from the likes of PayPal, WePay, and Square. It has steadily grown to attain one of the largest valuations in the fintech space and across all company types.

Keep an eye out for what may be a large IPO, possibly in the near future and be sure to join Public if you want to be informed about new IPOs.

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FAQs

Is stripe going public in 2023?

Within the next 12 months, Stripe will either go public or allow its employees to sell shares via a secondary offering, as per the announcement by the co-founders, John and Patrick Collison

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Can I buy stripe pre-IPO?

Because it’s private, the average retail investor is generally unable to buy pre-IPO stock.You can buy Stripe pre-IPO shares with pre-IPO listings that are sold privately before the company lists on Nasdaq or another stock exchange.

What is Stripe’s ticker (stock symbol)

Stripe is privately held, which means its shares can’t be traded on the public stock market and there is no stock ticker and no stock price.

Can I invest in stripe stock?

Yes, you can invest in Stripe shares if it goes public through a brokerage account such as an account at Public. Until then, the company remains private and unavailable to retail investors.

What is Stripe’s current valuation?

Stripe’s valuation dropped to $50 billion from $95 billion as of March 15th, 2023 when they raised $6.5 billion to provide liquidity to current and former employees amidst economic and political uncertainty.

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