Stripe’s valuation falls to $50 billion, practically half of what it was 2 years in the past

Privately held fintech firm Stripe Inc.’s valuation has fallen practically by half over the previous two years.

The firm introduced Wednesday a brand new funding spherical that values the corporate at $50 billion. Stripe had fetched a $95 billion valuation in March 2021, although the corporate had reportedly lowered its inside valuation to $63 billion this January.

Stripe…