Elon Musk-backed startup Stripe to get $250 mn at $35 bn valuation

US digital payments startup Stripe is raising $250 million in funding at a pre-money valuation of $35 billion, a 56% surge from its previous valuation. The round saw participation from investors including Sequoia Capital, Andreessen Horowitz and General Catalyst. Founded in 2010, Stripe is backed by investors including Elon Musk, Peter Thiel and Google's venture arm CapitalG, among others.