Stripe, Advent in talks on possible $53b PayPal deal
The talks are ongoing and could produce a deal within weeks as PayPal CEO Enrique Lores, who joined in March 2026 after years at HP, pursues a turnaround.
PayPal is in talks to be sold to a group including Stripe and private equity firm Advent. The proposed deal would value PayPal at $53 billion, with an offer of $60.50 per share, according to the Wall Street Journal.
The talks are ongoing and could result in a deal within weeks. PayPal's CEO, Enrique Lores, who joined in March 2026 after years at HP, is pursuing a turnaround plan for the company.
Lores' plan includes cost-saving measures, such as reducing the workforce by 20% over the next two to three years, and a restructuring of the business into three operating models. PayPal declined to comment on the report, while Stripe said it does not comment on rumors or speculation.
Brief written by urgent.news from Tech in Asia, TechCrunch, Techmeme — 3 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.
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