Stripe and private equity giant Advent International have reportedly put forward an offer to acquire PayPal at $60.50 per share, a move that would rank among the largest fintech acquisitions in history if it goes through.
The offer price represents a significant premium to where PayPal was trading when acquisition rumors first surfaced in February 2026. At that point, PayPal’s market cap sat at roughly $43 billion.
How we got here
This didn’t come out of nowhere. Back in February 2026, Bloomberg reported that Stripe was exploring an acquisition of PayPal or its assets. That report alone was enough to send PayPal shares up 7% in a single session.
Stripe, for its part, has the firepower. The company’s valuation reached $159 billion following a tender offering that brought in heavyweight investors like Thrive Capital and Coatue.
