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Morning Scan: Stripe Value Zooms; Mortgage Rates Surge

NOV 28, 2016 8:27am ET

Receiving Wide Coverage ... Racing Stripe: The latest round of private funding for Stripe, a start-up that offers software and services that process payments for businesses, has boosted the value of the company to just under $9.2 billion, nearly double what it was worth less than two years ago and making it the most valuable U.S. fintech company, according to the Wall Street Journal. "Stripe's investors think the company can capitalize on the fast growth of…

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