Latest Funding Round Doubles Stripe's Valuation to $9.2B

November 25, 2016 7:10 AM EST

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Digital payment service Stripe raised $150 million in a new round of funding value the start-up at $9.2 billion, the Wall Street Journal reported Friday.

The valuation is nearly double the $5 billion it was valued at in a July 2015 round, the Journal notes.

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