Stripe and Advent Offer $53 Billion to Acquire PayPal

Payments company Stripe and private equity firm Advent International have reportedly made a joint $53 billion offer to acquire PayPal Holdings, according to a Reuters report citing people familiar with the matter.

Offer Details and Premium

The bid includes around $50 billion in committed financing and values PayPal at $60.50 per share, a 28% premium over the company’s Tuesday closing price. This marks Stripe’s second attempt at acquiring PayPal, following early talks reported in February when PayPal was facing mounting competition from mobile payment services like Google Pay and Apple Pay. Both companies declined to comment on the report. PayPal’s stock jumped 11.3% to $52.73 in Wednesday premarket trading, though shares remain down 35% over the past year despite a 14% gain in the past month.

Both Companies Expanding Stablecoin Presence

The potential deal comes as both firms deepen their involvement in stablecoins. PayPal’s PYUSD stablecoin, launched in 2023, peaked at a $4.2 billion market cap in February 2026 before falling to around $2.85 billion, ranking among the ten largest stablecoins. Stripe, meanwhile, has offered stablecoin-based accounts globally since May 2025 through its Bridge platform, which received conditional approval in February to operate as a federally chartered trust bank. Stripe has also expanded stablecoin payment partnerships, including a deal with Visa to bring stablecoin card support to more than 100 countries by year-end.