Stripe, Inc. is already the most valuable fintech startup in the world. And it just got richer. The payment processing company was valued at $5 billion just a year and a half ago. Now, Stripe has raised another $150 million round – at a $9.2 billion valuation. Why the massive (almost double) increase in value? Is Stripe really worth the cost?
Read The Capitalist’s Take Here
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CUBAN DISSIDENTS CALL OFF WEEKLY MARCH AS FIDEL CASTRO DIES AT 90
Cuba's most prominent dissident group has called off its traditional protest for the first time in 13 years following the death of the country's revolutionary leader Fidel Castro. The Ladies in White say the decision is to avoid tensions. The group, formed by wives of jailed dissidents, has long defied a protest ban in Cuba with a weekly march. Castro died on Friday at the age of 90. Flags are flying at half mast as the country observes nine days of mourning.
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TRUMP TWEETS OFF A STORM AS HILLARY CLINTON PARTICIPATES IN ELECTION RECOUNT “SCAM”
President-elect Donald Trump went on a tweetstorm Sunday morning, quoting Hillary Clinton’s debate promise to accept the election results a day after her campaign agreed to support efforts to recount votes in Wisconsin, an effort his transition team labeled a “scam.”.
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– Friday, November 25th
Markets Close at New Record Highs as Rally Continues
Big Insider Trades
– MAXIMUS, Inc. (MMS) CEO Richard Montoni Sells $500k
– Bank of America Corp. (BAC) Director Michael White Buys $500k