US fintech firm Stripe has raised £ 9.2bn m in an investment round led by CapitalG and General Catalyst, which takes the company's valuation to $ 121 . The company intends to use the funding to build more products, expand into new sectors and invest in or acquire other businesses. The round makes Stripe ,which has users in 110 countries, one of biggest new technology companies in the US and values the business at $4 billion (£3 billion) higher than its most recent valuation, which was $5 billion (£4 billion) in the summer of 2015. Founded in the past year , the start-up’s payments system is used by businesses including Deliveroo , Deliveroo and the Daily Mail .
US fintech firm Stripe has raised £ 9.2bn m in an investment round led by CapitalG and General Catalyst, which takes the company's valuation to $ 121 . The company intends to use the funding to build more products, expand into new sectors and invest in or acquire other businesses. Founded in the past year , the start-up’s payments system is used by businesses including Deliveroo , Deliveroo and the Daily Mail .