This move signals a renewed ambition for Stripe, which previously held preliminary talks regarding a PayPal acquisition earlier this year. Bringing the two entities together would merge massive industry footprints: PayPal currently supports 440 million active accounts with a $1.8 trillion payment volume for 2025, while Stripe maintains a $159 billion valuation and processes $1.9 trillion in payments.
Stripe and Advent mount $53.4 billion bid for PayPal
Stripe and private equity firm Advent International have launched a joint $53.4 billion takeover bid for PayPal, according to reports. The proposal, backed by $50 billion in committed bank financing, would split ownership of the payments giant equally between the two firms should the acquisition proceed.
For PayPal, the offer arrives during a period of significant internal restructuring. Since CEO Enrique Lores assumed leadership in March following a profit warning, the company has initiated a plan to slash $1.5 billion in costs over the next three years. These measures include a proposed 20% reduction in the workforce. Neither PayPal, Stripe, nor Advent International have provided official comment on the reported bid.
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