Stripe confirmed on Wednesday that it was buying OpenRouter. While the company didn’t disclose the deal price, sources told the New York Times that it paid $7.5 billion. That’s a huge step up from OpenRouter’s $1.3 billion valuation in May. To put that price in context, the founders alone will reportedly receive $1.5 billion from the
Building a global company from Australia has long meant juggling foreign bank accounts, waiting days for revenue to settle, and dealing with unnecessary currency conversions. That friction is now being tackled head-on. Stripe today launched Stripe Treasury in Australia at its annual Stripe Tour Sydney event. The product gives businesses a single platform to accept
Stripe’s multi-billion-dollar pursuit of AI model marketplace startup OpenRouter isn’t just creating one of the biggest AI acquisitions of the year; it’s minting venture capital firms’ speedy wins. Andreessen Horowitz and Menlo Ventures are poised to turn investments made less than two years ago into payouts worth nearly $2 billion combined if Stripe acquires the
PayPal CEO Enrique Lores’ turnaround plan for the fintech company could include a sale — of itself. The prospect first popped in July when Stripe and private equity giant Advent offered to buy PayPal for $60.50 a share in a deal that would have valued it at $53 billion, the Wall Street Journal reported at
PayPal is apparently still open to Stripe’s $53.4 billion takeover bid, but not at the price Stripe had offered. On the company’s second-quarter 2026 earnings conference call on Tuesday, PayPal CEO Enrique Lores did not completely rule out the idea of a deal, saying the company would consider a path that creates “superior value” for
The window is almost closed. On August 19, eight startups will take to the Stripe Tour Sydney stage in front of investors, the global press and the Australian tech community. A startup is automatically entered into TechCrunch Disrupt in San Francisco: no application, no further competition, a guaranteed spot on the world’s most iconic startup
