Stripe, Advent Make $53 Billion Takeover Offer for PayPal, Sending Stock Soaring
Stripe and Advent International have made a joint offer to buy PayPal in a deal valued at $53.4 billion, CNBC’s David Faber confirmed Wednesday. Shares…
Payments & Fintech
MassPay Expands to 35+ Local Fiat Funding Currencies for Global Payouts
MassPay expanded its cross-border payout infrastructure to support more than 35 local fiat currencies, allowing businesses to fund and disburse…
PayPal Restructures into Three Business Units Including Dedicated Crypto Division
PayPal unveiled a new three-business model: checkout/PayPal, consumer finance/Venmo, and payment services/crypto — projected to save $1.5B over 2–3 years….
Revolut Launches Dogecoin-Themed Physical Debit Card Across UK and EU
Revolut introduced a DOGE-branded Visa/Mastercard debit card letting users spend crypto without extra exchange fees, available in the UK and…
Fiserv Announces Rate Increase Effective July 1, 2026
Fiserv announced a processing rate increase for merchants taking effect July 1, 2026, adding to a series of processor rate…
National Bank of Greece Deploys Smartstream AI Reconciliation for Instant & SEPA Payments
NBG Cyprus deployed Smartstream’s Air Cash module, consolidating four separate reconciliation systems for Instant, Cash, SEPA, and Nostro payments. Source:…
Crypto Projected to Move $719 Trillion Through Global Payments as Visa, Mastercard, Stripe Bet on Stablecoin Settlement
With stablecoin market cap at $317B, Stripe acquiring Bridge, Visa settling in USDC, and Mastercard acquiring BVNK, the three giants…
Stripe Circles Possible PayPal Acquisition
Bloomberg reported Stripe explored a potential takeover of PayPal, sending PYPL shares surging and reflecting growing consolidation pressure in the…