Online payments technology provider Stripe announced that it has raised a new $600 million round of funding that values the company at $95 billion — nearly triple its last reported valuation of $36 billion from April 2020, according to PitchBook data.

Source: https://www.cnbc.com/2021/03/14/stripe-valued-at-95-billion-in-600-million-funding-round.html

What does Stripe do?

Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for businesses of all sizes.