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Summary: It is not possible to buy Stripe stock directly at the moment, as the company remains privately held. However, investors interested in Stripe have several investment alternatives, which can be easily accessed via trading platforms like eToro.
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What is Stripe?
Stripe IPO
As of January 2024, Stripe had not undergone an initial public offering (IPO). Because it remains a private company, its shares are not available on any stock exchange.
How to buy Stripe stock: Step-by-step process
While direct investment in Stripe isn’t an option, there are alternative investment opportunities available for those looking to add this type of asset to their portfolio.
Follow these steps to invest in Stripe indirectly:
Step 1: Choose a broker
Start by choosing a reputable online brokerage. We recommend eToro for its ease of use, transparent fee structure, and strong industry reputation, as well as its suite of investment tools and resources, including:
- Commission-free stock trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- Copy-trading and Smart Portfolios;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
How to choose an online broker?
When choosing an online broker, consider the following factors:
- Commission fees: Look for low or no commission fees on trades;
- Account minimums: Some brokers require a minimum balance to start, so find one that suits your budget;
- Ease of use: The platform should be user-friendly and intuitive;
- Investment options: Ensure access to your preferred investment products;
- Research tools: Check for access to quality research and investment tools;
- Customer service: Good customer support is essential;
- Security: The broker must have robust security measures in place to protect your investments;
- Regulatory compliance: The broker should be registered with and regulated by financial authorities.
Step 2: Pick an alternate stock investment to Stripe
While Stripe remains a private entity, the fintech market offers several publicly traded companies in the payment processing and financial technology sectors. Here are some notable public companies that serve as alternatives for potential investment, each with a strong presence in the digital payments landscape:
- Block, Inc. (NYSE: SQ);
- PayPal Holdings, Inc. (NASDAQ: PYPL);
- Adyen (Amsterdam: ADYEN.NV).
All of these companies are available for investment through standard brokerage accounts, such as eToro.
Step 3: Research the company
Before investing, it’s crucial to conduct thorough research on the company of interest. Consider the following:
- Financial health: Review their financial statements for revenue, profit margins, and growth rates.
- Market position: Assess their standing in the industry and competitive landscape.
- Management: Look into the management team’s expertise and past performance.
- Industry trends: Stay informed about fintech trends and how the company is positioned to adapt.
- Regulatory environment: Understand any legal factors that could impact their business.
- Stock performance: Check historical stock data to evaluate how the company handles market volatility.
Now let’s have a look at each company in a little more detail:
1. Block
Block, Inc., previously Square, co-founded by Jack Dorsey and Jim McKelvey, specializes in financial services and digital payments. Its diverse range includes the Cash App for various financial transactions and personal finance management, Afterpay for deferred payment options, Spiral and TBD for Bitcoin and decentralized finance solutions, Tidal for music streaming, and Weebly for web hosting services.
Block trades on the New York Stock Exchnage (NYSE) and is a component of the Russell 1000 index.
Block stock price today
2. PayPal
PayPal is a global leader in online payment solutions, allowing users to make payments and transfers with ease and security. Founded in 1998, PayPal has become synonymous with online transactions, providing a platform for personal and business transactions across borders with a user base that spans millions worldwide.
PayPal is listed on the Nasdaq Exchange under the ticker PYPL and is a constituent of the Nasdaq-100, the S&P 100, and S&P 500 indexes.
PayPal stock price today
3. Adyen
Adyen is a Dutch payment processing company, also an acquiring bank, that enables businesses to accept payments across e-commerce, mobile, and point-of-sale platforms. Adyen’s services encompass various payment methods, from credit and debit cards to wire transfers, online banking, and mobile payments. Its single, global platform offers an all-in-one payment solution that includes a payment gateway, risk management, transaction processing, and settlement services.
Adyen stock is listed on the Euronext Amsterdam stock exchange under ADYEN.NV.
Ayden stock price today
Step 4: Place your order and buy Stripe stock
After selecting a company to invest in, here’s how to proceed:
- Open an account: Choose a brokerage and create an investment account;
- Fund your account: Deposit funds into your new account;
- Research the stock: Look up the stock using its ticker symbol;
- Decide on order type: Choose between market orders, limit orders, etc;
- Determine quantity: Decide how many shares you want to purchase;
- Place your order: Execute the trade through your brokerage’s platform;
- Confirm transaction: Ensure the order was completed as intended.
Step 5: Monitor your investment
Once you’ve invested in a company, it’s essential to keep track of your investment’s performance by:
- Regularly review the stock’s price movements, quarterly earnings reports, and any news related to the company;
- Adjust your investment strategy based on performance and changes in your financial goals;
- Use tools provided by your brokerage for alerts or set up a personal schedule to check in on your investments;
- Stay informed to make educated decisions about whether to hold, sell, or buy more shares.
Mistakes to avoid when buying Stripe stock
Investing in the fintech sector, like any investment, carries certain risks and potential for mistakes. Here are some common investing mistakes to avoid:
- Not doing enough research: Skipping due diligence on a company’s financial health and market position can lead to uninformed decisions;
- Overlooking fees: Failing to account for brokerage fees and other costs can eat into your investment returns;
- Chasing trends: Jumping on the latest investment trend without understanding the underlying value can lead to losses;
- Ignoring diversification: Putting all your money into one stock increases risk. Diversification can help manage risk across different assets;
- Letting emotions drive decisions: Emotional reactions to short-term market fluctuations can derail long-term investment strategies;
- Neglecting to monitor investments: Failing to review your portfolio regularly can mean missing opportunities to adjust your strategy in response to market changes;
- Timing the market: Trying to time the market for the perfect entry or exit point is extremely difficult and can result in missed opportunities.
In conclusion
To indirectly buy Stripe stock:
- Open a brokerage account;
- Choose an investment that will give you exposure to the payment processing industry;
- Research the company to make sure it’s a solid investment;
- Place your order via your brokerage;
- Monitor your investment.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Stripe stock
Can I buy Stripe stock now?
No, Stripe is currently a private company, and its stock is not available on the public market for purchase.
What are some alternative investments to Stripe?
Alternative investments in the fintech space include public companies like PayPal, Block, and Adyen, which can be accessed via an online brokerage such as eToro.
When is Stripe IPO date?
There is no confirmed date for Stripe’s IPO. Potential investors must wait for official announcements from the company.
How to buy Stripe stock IPO?
To buy Stripe stock during its IPO, you will need to have an account with a brokerage that has access to IPO offerings. Keep an eye on financial news for announcements regarding Stripe’s IPO date and details. Once the IPO is live, you can place an order through your brokerage. However, remember that IPO access can vary and may be limited depending on your broker and account type.
What are Stripe stock price predictions post-IPO?
Predictions for Stripe’s stock price post-IPO can vary widely based on market conditions and analyst outlooks. It’s important to research and review multiple sources for price predictions, keeping in mind that these are only estimates and actual performance can differ. Consulting financial analysts or reports that focus on tech IPOs can provide more insight.
How to buy Stripe stock pre-IPO?
Buying Stripe stock pre-IPO involves purchasing shares before they are available to the general public on a stock exchange. This is typically done through private share marketplaces or by investing in venture funds that hold Stripe shares. However, access to pre-IPO shares is often restricted to accredited investors or institutional entities due to regulatory and risk considerations.
What might be the Stripe IPO stock price?
The initial price for Stripe’s IPO stock will be determined by the company and its underwriters based on market interest, company valuation, and other financial factors. The IPO price is usually announced a day before the stock starts trading publicly. It’s advisable to follow financial news outlets for the latest updates on Stripe’s IPO pricing.
What Is the current Stripe stock price?
As of now, Stripe is a private company, and its stock is not publicly traded. Therefore, there isn’t a publicly available stock price for Stripe. The stock price will be available once the company goes public and its shares are listed on a stock exchange.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
