Stripe, partnering with private equity heavyweight Advent International, has submitted a non-binding offer to acquire PayPal Holdings for roughly $53 billion, or $60.50 per share. That price represents a 28% premium over PayPal’s previous closing price, and PayPal’s stock responded accordingly, surging approximately 16% in premarket trading.
The deal, backed by around $50 billion in committed bank financing, would give Stripe and Advent equal ownership stakes. The two buyers intend to keep PayPal intact rather than carving it up for parts.
How the payments landscape got here
At its peak in 2021, PayPal commanded a market capitalization of approximately $360 billion. By the time this offer landed, that figure had shriveled to around $41-42 billion.
Meanwhile, Stripe reached a valuation of $159 billion as of February 2026 and processed $1.9 trillion in total payment volume during 2025.
