$53 Billion Acquisition Proposal for PayPal from Stripe and Advent: Sources
A joint acquisition proposal worth $53 billion has been submitted to PayPal by Stripe and Advent, representing a premium of 28% over the payment processor's share price at Tuesday's market close.
A combined acquisition proposal for PayPal Holdings has reportedly been submitted by payment processing firm Stripe together with private equity giant Advent International.
According to Reuters, which cited people with knowledge of the situation in a Wednesday report, the proposal comes with approximately $50 billion in secured financing. The joint bidders are proposing a purchase price of $60.5 for each PayPal share, representing a valuation that sits 28% above where PayPal's stock closed on Tuesday.
This marks the second time Stripe has pursued an acquisition of PayPal. Based on a Bloomberg report from February, the payments processor engaged in preliminary discussions regarding a potential acquisition of PayPal, as the latter confronted intensifying pressure from mobile payment platforms including Google Pay and Apple Pay.
Neither PayPal nor Stripe provided statements when contacted for comment.
During Wednesday's premarket trading session, PayPal's shares climbed 11.3% to reach $52.73, based on data from Yahoo Finance. While the stock has gained 14% throughout the past month, it continues to trade 35% below its level from a year ago.
PayPal and Stripe deepen stablecoin push
Both PayPal and Stripe have broadened their cryptocurrency product portfolios over the past several years. In 2023, PayPal introduced PYUSD, its proprietary stablecoin, which reached a maximum market capitalization of $4.2 billion in February 2026 before pulling back to approximately $2.85 billion, based on data from CoinMarketCap.
PYUSD is positioned within the 10 largest stablecoins by market value, although it is significantly smaller compared to the industry's dominant players, Tether's USDt and Circle's USDC.
On the other hand, Stripe has provided stablecoin-denominated accounts on a global basis since May 2025. Bridge, the company's stablecoin infrastructure offering, secured conditional authorization to function as a federally chartered national trust bank from the US Office of the Comptroller of the Currency on Feb. 17.
Additionally, the company has ramped up its stablecoin payments initiatives through collaborative arrangements with banking institutions and payment processing networks. Visa announced in March that it plans to broaden its stablecoin card collaboration with Bridge, which is owned by Stripe, to over 100 nations spanning Europe, Asia-Pacific, Africa and the Middle East before the end of the year.