tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GS offers rich clients access to fundraising round for Stripe, Bloomberg says

Goldman Sachs (GS) is offering its richest clients access to a fundraising round for Stripe, the payments giant that’s trying to raise billions in part to cover a looming tax bill, Bloomberg’s Gillian Tan, Sridhar Natarajan, and Jennifer Surane report. The bank is setting up a special vehicle open to its private-wealth clients for investing in just one asset: Stripe’s roughly $4 billion fundraise, people familiar with the matter said. Separately, Goldman has a mandate along with JPMorgan (JPM) to help raise the funds for Stripe from a wide swath of investors, the authors note. Reference Link

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on GS:

Disclaimer & DisclosureReport an Issue

1