Tempo Raises $500M Series A at $5B Valuation Led by Thrive Capital and Greenoaks

Deal Summary

Tempo, Stripe’s layer‑1 blockchain project focused on stablecoin and payments, raised $500 million in a Series A round valuing the network at $5 billion. The round was led by Greenoaks and Thrive Capital with participation from Sequoia Capital, Ribbit Capital and SV Angel.