Stripe, the maker of a merchant API for accepting credit card transactions, has been valued at $1.75 billion following a funding round.
The company raised $80 million from a group of new and existing investors, Finextra reported on Jan. 22. Sequoia Capital, Founders Fund, Allen & Co. and Khosla Ventures took part in the round.
To date, the company has raised more than $130 million since its 2011 founding.
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