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Topic: stripe

A customer making a mobile payment at a checkout terminal
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Wednesday, 7/15, 04:23 AM

Stripe and Advent Make a $53 Billion Bid for PayPal, Reuters Reports

  • Payments giant Stripe and private-equity firm Advent International have jointly offered to buy PayPal for $60.50 a share, valuing it above $53 billion, Reuters reported.
  • The bid, backed by about $50 billion in committed financing, would be one of the largest fintech takeovers ever, if PayPal accepts and regulators allow it.

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