Sep 23, 2025 - Business

Scoop: Stripe in talks to buy back stock from investors

Dan Primack

Illustration: Aïda Amer/Axios

Stripe is in talks to repurchase shares from venture capital backers at a $106.7 billion valuation, Axios has learned.

Why it matters: The payments infrastructure giant caught grief, including from yours truly, for not going public when its valuation hit $95 billion before the pandemic — after which it was slashed to only $50 billion.

Now it's worth more and is offering liquidity without public-market glare.

Behind the scenes: Stripe hasn't yet determined how much stock it will repurchase, nor if the offer will be extended to employees. A source called the talks "flexible."

The $106.7 billion figure is Stripe's latest 409A valuation.
A company spokesperson declined comment.

Flashback: One year ago, longtime Stripe investor Sequoia Capital bought $861 million worth of Stripe shares from its own limited partners at a $70 billion valuation.

The bottom line: Stripe's founding brothers have never seemed interested in an IPO, and this is further indication that there won't be one anytime soon.

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Scoop: Stripe in talks to buy back stock from investors

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