FFCON21 Breaking Barriers May 11-13, 2021

Former Governor of the BOE, Mark Carney, joins Stripe board

Finextra | Feb 22, 2021

Mark Carney - Former Governor of the BOE, Mark Carney, joins Stripe boardFormer governor of the bank of England Mark Carney has joined the Board of directors of hot Web payments firm Stripe.

Ten years since launching, Stripe’s infrastructure powers hundreds of billions of euros of payments for businesses in over 140 countries and territories around the world.

The company, which last raised a $600 million series G in mid-2020, is currently contemplating an IPO that would give it a valuation of $105 billion.

Says Carney: “The very nature of commerce has changed over the past decade. Stripe has been at the forefront of enabling this new digital economy, providing innovative and resilient global payment solutions to businesses large and small. In the process, Stripe has been breaking down barriers to global trade and accelerating economic output.”

The former governor of the Bank of England is currently playing a key role in the battle against global warming as the UN Special Envoy for Climate Action.

See:

Stripe says it expects to benefit from Carney’s leardship role in sustainable finance as it rolls out a global climate effort, enabling millions of businesses to bring more funding to emerging carbon removal technologies.

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