PayPal Holdings Inc.

(NASDAQ:PYPL) is reportedly negotiating a sale to a group including payments firm Stripe and private-equity firm Advent International.

Stripe and Advent Eye Higher PayPal Bid Stripe and Advent proposed $60.50 a share in July, which PayPal viewed as insufficient, The Wall Street Journal reported Friday, citing sources.

Both sides are negotiating a potentially higher price.

A deal could be reached in the coming weeks, though an agreement is not guaranteed, according to the report.