Stripe has been named in its recent history as one of the most innovative companies in the world, and a clear leader within the payments industry. Having been ranked as the #1 most valuable privately owned business in Silicon Valley at one stage, the online payments firm founded by the Collison brothers has been growing their platform at a very aggressive measure.
With TBC's background and experience in the payments industry, it viewed the participation in the privately held round as a sound investment for the long term. Goldman Sachs and JP Morgan initiated the offering looking for alternatives and capital market opportunities ahead of an IPO in the coming year.
