Ex-BoE Governor Carney joins board of US digital payments firm Stripe
June 24, 2021
Finance

Ex-BoE Governor Carney joins board of US digital payments firm Stripe

LONDON (UK) – Former head of the UK and Canadian central banks Mark Carney has joined the board of US digital payments firm Stripe Inc. This comes days after the company was reportedly planning a primary funding round valuing it at over $100 billion.

“Regulated in multiple jurisdictions and partnering with several dozen financial institutions around the world, Stripe will benefit from Mark Carney’s extensive experience of global financial systems and governance”, the firm said on Sunday.

On Wednesday, Forbes magazine carried a report that investors were valuing Stripe at a $115 billion valuation in secondary-market transactions.

Stripe offers products allowing merchants to accept digital transactions from customers and a range of business banking services.

Stripe raised $600 million in April in an extension of a Series G round and was valued back then at $36 billion.

Former head of the Bank of England, Carney also spent 13 years at Wall Street bank Goldman Sachs Group Inc in its London, Tokyo, New York and Toronto offices.

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