€4.5bn valuation for Limerick brothers’ Stripe

An online payments start-up founded by Limerick brothers Patrick and John Collison is continuing its rapid Silicon Valley ascent with another round of funding that values the company at $5 billion (€4.52bn).

Credit card powerhouses Visa and American Express as well as venture capital fund, Sequoia Capital are among the investors involved in Stripe’s latest funding round.

Although Stripe declined to confirm the exact amount of funding they received on this occasion, the company indicated it was less than $100m.