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Stripe and Advent reportedly bid $53.4B for PayPal
Reuters says Stripe and Advent International made a roughly $53.4 billion offer for PayPal, backed by about $50 billion in bank financing.
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Stripe and Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at about $53.4 billion, according to Reuters.
Reuters reports that the offer was submitted earlier this month and is backed by roughly $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, each with an equal stake.
The move follows earlier reports from February that linked Stripe to a possible takeover of the payments company, though no formal proposal surfaced at that stage. If a deal goes through, it would combine two of the biggest players in digital payments.
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PayPal has around 440 million active accounts and handled roughly $1.8 trillion in payment volume during 2025. Stripe, meanwhile, processed $1.9 trillion in payments over the same period, and its valuation rose to $159 billion earlier this year.
The reported offer arrives during a turbulent stretch for PayPal. CEO Enrique Lores took over in March after the company issued a profit warning. Since then, PayPal has laid out plans to cut at least $1.5 billion in costs over the next two to three years as it tries to revive growth. Reports have also said the company plans to reduce its workforce by around 20%.
PayPal has not publicly responded to the offer. PayPal, Stripe, and Advent International did not immediately respond to requests for comment.
Enterprise Editor
Marcus follows the money. He covers enterprise software, cloud architecture, and the tectonic shifts in Big Tech strategy. He translates dense earnings calls and complex M&A activity into actionable insights about where the industry is actually heading. If a tech giant makes a silent pivot, Marcus is usually the first to notice.
via TechCrunch
