Stripe Inc., a Silicon Valley payments company, is reportedly in discussions to sell employee-held stock at a valuation of US$85 billion.

This move could potentially elevate the firm’s valuation by US$15 billion from last year’s US$70 billion during a similar offering.

If successful, this new valuation would still fall short of the US$95 billion peak Stripe reached in a 2021 funding round.

Ongoing negotiations for the transaction may lead to changes in terms, according to sources.

Recent Stripe developments