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Payments startup Stripe valued at US$9b in new funding round

The company is seen possibly raising equity in an IPO in the not too distant future

Washington

STRIPE Inc raised new financing that values the startup at about US$9 billion, cementing its status as a major player in the crowded digital payments space and heralding a possible initial public offering.

CapitalG, the late-stage investment arm of Alphabet Inc, and

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