Stripe in discussions to repurchase shares at $106.7 billion valuation

Stripe is in discussions to repurchase shares from its venture capital backers at a valuation of $106.7 billion.Why it matters: The move could allow early investors to cash out their stakes in the company, which has seen significant growth in recent years.The details:Further details on the timing or structure of the buyback were not immediately available.The talks signal Stripe’s commitment to managing its shareholder base while maintaining its market valuation.Stripe remains a key player in the fintech sec ...