2020 was not a good year for many businesses due to the pandemic however for Stripe it was a year of opportunity as an online payment service provider.
According to Inc.com Stripe is among the top 12 most influential startups over the last decade; this is why many are waiting for its IPO.
Stripe was founded in 2010 by two brothers, John and Patrick Collison. Today its services are used by thousands of customers around the world, both small startups and large corporates including Lyft, Deliveroo, Zoom, Just Eat, Booking.com, NBC Media Group, and Salesforce.
Financial performance of Stripe Pre-IPO
In April 2020 the company was valued at $36 billion.
According to some experts, after the IPO, the company may get worth anything from $45B to $100B.
Despite this ambitious valuation range, the company still has some room for growth. In 2020, Stripe acquired Paystack, a Nigeria based payment service provider in a acquisition deal worth $200M.
In September 2019, the latest investment round brought the company $600M.
More Info on Stripe IPO via Freedom 24 »
Potential market and IPO prospects of Stripe
Stripe is one of those firms that benefited from the pandemic and the lockdown, as many more businesses switched to ecommerce in 2020.
Despite internet businesses growing faster than the rest of the economy, only about 3 percent of global commerce happens online today.
The target market for Stripe is quite large, as only 10% of commerce was based online two years ago Forbes reports.
Meanwhile, the Collinson brothers affirm that, with COVID-19, both businesses and shoppers are switching to the digital environment in a very short term.
Stripe does have competition as Square, PayPal, and Ayden rallied last year.
How to participate in the Stripe IPO
Interested in investing in the Stripe IPO?
Sign up with Freedom 24 using their form below to get regular updates on the Stripe IPO.
We recommend you opening an investment account right away: the account verification process after that may take some time, and you may miss it, as the exact Stripe IPO date will be known just a few days before the trading starts.
Please note: Stripe is not yet a public company. Sign up now through Freedom 24 and they will notify you once the security issue memo is available and buying shares in the company is possible.
More Info on Stripe IPO via Freedom 24 »
How to buy shares when they go public
Once shares go public, you will need a trading account to invest.
Consider opening a trading account today so you’re ready as soon as the shares hit the market.
- Select a share platform – See below our top platform picks
- Open your share account – To do this you will need your bank details and national insurance number
- Fund your account – You will need to fund your a/c with a debit or credit card or bank transfer
- When shares become available you will need to search for the stock code – Type in the stock code into the search box
- Check out the latest info and price for the selected share – Some platforms offer free research and analysis
- Buy the share – Nice and easy!
Share Dealing Comparison
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 | Fineco Bank has 1.3 million clients. No inactivity charges. SPECIAL OFFER: £500 in trading commissions - open an a/c by 31st Dec. & get £500 trading commission to use within 3 months. T&Cs apply. | £2.95 | See Deal » |
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IMPORTANT:
No news, feature article or comment should be seen as a personal recommendation to invest. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular plan. If you are at all unsure of the suitability of a particular product, both in respect of its objectives and its risk profile, you should seek independent financial advice.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67%-71% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.