Stripe and Advent Make $53B Bid for PayPal
PayPal received an acquisition offer from Stripe and Advent valuing the payment giant at over $53 billion, Reuters reports.
Why it’s the BFD: It would be the largest fintech acquisition ever — and a rare case of a venture-backed company buying an S&P 500 company.
By the numbers: Stripe and Advent are offering $60.50 per PayPal share, a 28% premium to the company’s Tuesday closing price. They also have some $50 billion in committed financing from banks.
- PayPal, Stripe and Advent declined to comment.
Between the lines: Stripe and PayPal’s Braintree business compete directly, but PayPal’s Venmo business would be strategically new to Stripe and give it a direct avenue into consumer’s wallets.
Reality check: PayPal has struggled to monetize Venmo, despite its ubiquity.
Source: https://www.axios.com/2026/07/15/paypal-bid-stripe-advent
