Ex-Bank of England governor Tag Carney joins payments company Stripe's board
22 February, 2021
A former governor of the Bank of England and Lender of Canada, Tag Carney, has been appointed to the table of Stripe amid studies that the personal technology organization is preparing a new funding round.
“The nature of commerce has changed in the last decade,” Mr Carney said in a statement posted on Stripe’s website, adding that he sees the internet as the engine for strong and inclusive financial growth.
Mr Carney, who's the US special envoy for environment action, will help information Stripe in its attempts to enable extra businesses to bring financing to emerging carbon removal technology, in line with the statement.
The appointment, reported earlier by the Sunday Times, comes as Stripe prepares for a fresh primary funding round that could value the business more than $100 billion, Forbes said last week.
Stripe, which sells program allowing businesses to simply accept online payments, has been a beneficiary of the e-commerce boom accelerated by the coronavirus pandemic. The company was valued at $36bn as just lately as last April following its last funding round.
It was founded by Irish brothers John and Patrick Collison in 2010 2010 and today counts firms including Amazon and Zoom Video recording Communications among its buyers. The brothers each have a net worthwhile of $4.3bn, in line with the Bloomberg Billionaires Index.
The company has branched out to provide bank accounts to businesses through e-commerce providers, dealing with banks including Citigroup, Goldman Sachs and Barclays.
Source: www.thenationalnews.com