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Stripe hires Goldman, JP Morgan to explore listing, sources say

Jan 26 (Reuters) - Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing, two sources familiar with the matter told Reuters.

The company is also considering a private market raise to provide liquidity for employees, the sources said.

The Wall Street Journal reported earlier in the day that Stripe had approached investors to raise atleast $2 billion at a valuation of $55 billion to $60 billion.

In 2021, a Reuters report said the company had hired a law firm to help with preparation for a stock market debut. (Reporting by Krystal Hu in San Francisco, and Sneha Bhowmik, Juby Babu in Bengaluru; editing by Uttaresh.V)