The two potential buyers want equal stakes in the US fintech, according to Reuters.
Stripe has made an offer to purchase PayPal in a joint deal with US private equity firm Advent International, Reuters reported on Tuesday (14 July).
Together, the companies have offered to acquire PayPal at $60.50 per share, valuing the fintech at more than $53bn, sources told the publication. PayPal is yet to respond to the offer, but the two buyers are seeking to advance discussions in coming weeks, sources said.
According to the proposal, Stripe – the Irish-founded fintech giant – and Advent want to hold equal stakes in PayPal rather than break up the company, Reuters reported. The offer is backed up by around $50bn in committed financing from banks.
The two have offered around a 28pc premium to the fintech’s shares as of Tuesday. PayPal shares fell marginally yesterday, but gained more than 13pc in after-hours trading.
Bloomberg first reported Stripe’s interest in acquiring PayPal in February. According to the publication’s reporting at the time, Stripe was looking to buy up parts or the whole of the company.
Commenting on the reported offer, Chris Jones, managing director at PSE Consulting, said that alongside benefits of scale, there would also be “clear strategic logic” to the potential acquisition.
“PayPal’s wallet could build on the early success of Link, Stripe’s consumer-facing accelerated checkout, which already counts more than 200m consumer accounts, and would create further opportunities to exploit Stripe’s $1.1bn investment in stablecoin infrastructure through its purchase of Bridge,” he told SiliconRepublic.com.
“Put Link and the PayPal wallet together and you’re looking at genuinely enormous reach at checkout – one of the largest combined pools of stored payment credentials anywhere in the world. That’s not a small thing in a market where reducing checkout friction is the whole game.”
PayPal posted a net revenue of $8.4bn in the first quarter of 2026, a 7pc increase from Q1 2025, and in February brought in a new CEO, tapping HP’s Enrique Lores for the job.
According to a company statement at the time, the “pace of change and execution [under former CEO Alex Chriss] was not in line with the board’s expectations”.
By June, PayPal had reportedly planned to shut down its venture capital arm. Company shares have dropped more than 80pc over the last five years.
Lores told shareholders in May that redesigning processes around AI would enable growth at PayPal. He explained that removing duplicate management layers and accelerating AI adoption would create combined savings of at least $1.5bn over the next two to three years.
The same month, sources told Bloomberg that the company was planning to cut around 20pc of its workforce – or around 4,500 workers – over the next two to three years.
Meanwhile, Stripe was valued at $159bn earlier this year, marking a 50pc jump on its valuation a year prior.
The company is investing heavily in product development and making strategic acquisitions, including the programmable wallet company Privy, stablecoin orchestration platform Bridge and Metronome.
Updated, 12.30pm, 15 July 2026: This article was amended to include a comment given to SiliconRepublic.com by PSE Consulting’s Chris Jones.
Don’t miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech news.
Enrique Lores, World Economic Forum Annual Meeting 2023. Image: World Economic Forum/Greg Beadle via Flickr (CC BY-NC-SA 2.0)








You must be logged in to post a comment Login