Stripe , the digital payments company last valued at nearly $100 billion, is in early discussions with investment banks about going public as soon as next year, Bloomberg reports, citing people with knowledge of the matter.
The 11-year-old company is considering a market debut through a direct listing or IPO, the people said, asking not to be identified because the information was private. Its plans including the timing could still change.
The company earlier this year was being bandied about on the rumor circuit as a potential merger target for Bill Ackman’s Pershing Square SPAC. Read more.
