PayPal shares rise 16% after Stripe and Advent make $53B takeover bid
PayPal shares jumped after reports that payments company Stripe and private equity firm Advent International had made an offer to acquire the company. Stripe and Advent jointly offered to pay $60.50 per PayPal share. The acquisition values PayPal at more than $53 billion.
The acquisition price is about 28% higher than PayPal’s closing price of $47.37 on Tuesday. The takeover bid was submitted earlier this month. The acquisition is supported by approximately $50 billion in committed financing from banks, According to Reutersciting a person familiar with the matter. The information came from two people familiar with the discussions who spoke on condition of anonymity because the talks were private.
PayPal Takeover Offer
PayPal, Stripe and Advent International have yet to comment on the report. The latest offer comes after Stripe and Advent first approached PayPal in early April. PayPal has not yet responded to the acquisition offer. Stripe and Advent hope to advance discussions in the coming weeks. Under the proposal, Stripe and Advent would each hold 50% of PayPal.
The buyer doesn’t plan to break up PayPal. They want to keep the company together. There is still no guarantee that the acquisition will occur. PayPal shares rose about 16.2% in premarket trading. According to Reuters, PayPal was one of the first major companies to enter the field of digital payments since its founding in the late 1990s.
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Why PayPal is a target
Over the years, PayPal has faced increased competition from services like Apple Pay and Google Pay. The company is also struggling with slower business growth after the pandemic. PayPal market value It will reach about US$360 billion in 2021. Its market value later fell to about $36 billion this year. According to Reuters, the company has lost more than 40% of its market value in the past 12 months.
global payment transactions
The possible PayPal deal comes amid rising merger and acquisition activity in the global payments industry. Many payments companies are acquiring rivals to gain scale and enter faster-growing businesses such as cross-border payments and business-to-business payments.
The future of Stripe and PayPal
Stripe is one of the most valuable privately held financial technology companies in the world. Earlier this year, Stripe’s stock offering valued it at about $159 billion, an increase of more than 70% from last year. Reuters also reported that Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion in 2025. Bridge allows businesses to create their own U.S. dollar-backed digital tokens instead of launching consumer cryptocurrencies.
PayPal It already has its own stable currency, PYUSD, with a market value of nearly $2.9 billion. Reuters reported that global M&A activity reached a record US$2.8 trillion in the first half of 2026 and may reach US$4 trillion by the end of the year. At present, PayPal’s board of directors has not responded to this acquisition offer, and it is unclear whether the company will enter formal acquisition negotiations.