202111 Jan
The Briefing: Stripe Stops Processing For Trump, Keep Raises $360M, And More
Type
Funding Rounds
Funding
202111 Jan
$41.34MSeries C
Source
Crunchbase
Summary

Affirm, in an S-1/A filing with the U.S. Securities and Exchange Commission on Monday, said it intends to offer 24.6 million shares now priced between $41 and $44 each. The company will list its shares on the Nasdaq Global Select Market under the symbol AFRM. Stripe is the latest high-valuation tech company to distance itself from President Trump in the wake of Wednesday’s attack on the Capitol. The Wall Street Journal reports that the fintech company will no longer process payments for Trump’s campaign website. Stripe is cutting off the president’s campaign account for violating its policies against encouraging violence, according to unnamed sources cited in the article.

Classifications
  • Fintech & Banking