Re:Stripe in Talks for Up to $500M in New Funding
by qq66 on Wednesday May 20, 2015 @10:48PM
(#9580690)
Financial companies often need working capital that's independent of investment in new products. For example, if Stripe wants to have an offering that pays Party A today, but collects that money from Party B tomorrow, they need working capital for that, but that capital is at much lower risk and gets financed with very different terms (often debt rather than equity).
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