Stripe and Advent International Submit $53 Billion Joint Bid to Acquire PayPal #

Stripe and private equity firm Advent International have jointly offered to acquire PayPal Holdings for $60.50 per share, valuing the company at more than $53 billion, Reuters reported, citing two people familiar with the matter.

The offer, submitted earlier this month, includes roughly $50 billion in committed bank financing and represents a premium of approximately 28% over PayPal’s closing share price on Tuesday. Under the proposed terms, Stripe and Advent would hold equal stakes in the combined business and have no plans to break it apart.

This is not their first approach. Stripe and Advent made an initial overture to PayPal in early April, according to sources cited by Reuters. PayPal has not responded to either approach, and the two companies are said to be pushing to advance discussions in the coming weeks. Advent declined to comment; Stripe and PayPal did not immediately respond to requests for comment from Reuters.

For Stripe, a private company co-founded by Patrick and John Collison, acquiring PayPal would add the Venmo peer-to-peer payment platform and the PYUSD stablecoin to its portfolio. Stripe already has a position in digital assets through its $1.1 billion acquisition of Bridge, a stablecoin infrastructure platform, completed in 2025.

PayPal recently restructured into three business units covering checkout, consumer financial services including Venmo, and a combined payments and crypto division. Analysts have interpreted the reorganization as an effort to clarify the value of its different revenue streams ahead of any potential transaction.

Bloomberg reported in February that Stripe was exploring a possible PayPal acquisition, suggesting interest in the deal had been building for months. Whether PayPal’s board engages with the current offer or seeks other bidders remains unclear. Any agreed deal would require regulatory review across multiple jurisdictions.

Source: CNBC