Allianz and Axa take key roles in $600mn fundraise by FinTech Stripe
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Allianz and Axa take key roles in $600mn fundraise by FinTech Stripe

Bernard Goyder
15 March 2021
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Allianz and Axa have both made a major investment in FinTech payments processor Stripe, as part of a $600mn funding round that values the ten year old payments company at $95bn.

The deal makes Stripe the world’s second most valuable unicorn after Tik-Tok owner Byte Dance.

The extra capital will be put towards Stripe’s roll out across Europe and emerging markets including Brazil, India and Indonesia.

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Topics

News InsurTech Reinsurers Allianz Axa
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Bernard Goyder
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