Stripe and Advent International have jointly offered to acquire PayPal for $53 billion, or $60.50 per share, with approximately $50 billion in committed financing secured, according to reporting on the proposed deal.
The offer represents a 28 percent premium to PayPal's closing price of $47.37 on July 14. The two firms have lined up financing commitments ahead of a formal approach to PayPal's board, a standard step in large acquisition processes.
Stripe, the payments infrastructure company, and Advent International, the private equity firm, have both expanded their involvement in stablecoin infrastructure in recent years. Stripe launched its own stablecoin product in 2023 and has integrated digital asset rails into its core payments offering. Advent has backed fintech ventures with exposure to blockchain-based settlement, viewing the sector as part of the longer-term evolution of payments infrastructure.
PayPal, valued at roughly $55 billion by market capitalization before the offer, has faced investor pressure over growth and profitability. The company operates one of the largest digital payment networks globally, with 426 million active accounts across its PayPal, Venmo and Braintree subsidiaries. Its share price has traded below its 2021 peak despite dominance in peer-to-peer transfers and merchant checkout.
A transaction of this size would rank among the largest private equity and strategic acquisitions in fintech history. The deal would require antitrust review and approval from PayPal shareholders.
Neither Stripe nor Advent International has made a formal public statement regarding the offer as of publication.
