Stripe and Advent International Propose $53 Billion PayPal Takeover

Payments firm Stripe and private equity company Advent International have jointly proposed acquiring PayPal Holdings in a deal reportedly valued at $53 billion.

The bid values PayPal at a 28% premium. The joint offer would price shares at $60.50 each and include roughly $50 billion in committed bank financing, according to people familiar with the situation cited by Reuters.

The parties reportedly intend to maintain the combined business intact, with each side taking equal ownership.

This marks Stripe's second attempt to buy PayPal. Bloomberg previously reported that the two sides held preliminary discussions in February as PayPal confronted rising rivalry from mobile payment platforms including Google Pay and Apple Pay. Both companies declined to comment on the latest proposal.

PayPal shares jumped on the news. The stock climbed approximately 11.3 percent to $52.73 in Wednesday premarket trading per Yahoo Finance figures. It has gained 14 percent over the past month yet stays down 35 percent across the last year.

Both companies have expanded their stablecoin businesses. PayPal introduced its PYUSD stablecoin in 2023. The token reached a $4.2 billion market capitalization in February 2026 before contracting to roughly $2.85 billion and sits among the 10 largest stablecoins by size.

Stripe began providing stablecoin accounts worldwide in May 2025. Its Bridge platform secured conditional approval from the Office of the Comptroller of the Currency to function as a federally chartered national trust bank on Feb. 17. Visa announced in March that it would broaden its stablecoin card collaboration with Bridge to over 100 countries across Europe, Asia-Pacific, Africa and the Middle East by year-end.