$20 billion tech firm Stripe is reportedly embroiled in an investigation into Trump’s inauguration

Stripe, a Silicon Valley online payment company which in September hit a massive $20 billion valuation, has become embroiled in an investigation into US President Donald Trump’s inaugural committee, The New York Times reports.

Citing two people familiar with the inquiry, the Times said federal prosecutors issued a subpoena demanding that officials on the inaugural committee — which organised Trump’s inauguration ceremony — hand over documents about donors, finances, and activities.

They also requested all documents linked to contractors and vendors connected to the inauguration. $107 million was raised for Trump’s inauguration, an unusually high amount which raised eyebrows at the time.