Digital payments firm Stripe may raise $3 billion; valuation slashed to $55-60 billion: report

Online payments major Stripe has held talks to raise $3 billion from its existing set of investors, according to a report by technology news site The Information.

The Silicon Valley-based company is looking to pick up funds in a round led by New York-based Thrive Capital. The VC firm, founded by businessman Joshua Kushner, is expected to pour about $1 billion into Stripe, the New York Times had reported on Monday.