Stripe's John Collison says they are 'happy' to stay private at $95bn valuation

The Collison brothers, co-founders of internet payment firm Stripe, say they are in no rush to go public with the firm despite its most recent valuation of $95bn.  

Patrick and John Collison, co-founders of payments firm Stripe: John Collison, speaking in Dubai, says its 'happy' to stay a private company

Stripe’s Irish president said the digital payments company that was last valued at $95bn (€80bn) has no “immediate” plans to go public.

“We’re very happy as a private company,” John Collison, who founded the company with his brother, said at a conference in Abu Dhabi. The Irish State earlier this year took a small stake in the private company. Stripe, which has headquarters in Dublin and San Francisco, raised $600m in March, becoming the most valuable US startup and one of the biggest globally alongside TikTok parent ByteDance.