Stripe and Advent propose to acquire PayPal in its entirety for $60.50 per share.
This proposal was submitted in early July 2026, when banks pledged to invest around $50 billion. Under the proposal, Stripe and Advent would jointly own PayPal, each holding an equal stake, rather than dividing the company. Stripe and Advent have not yet received a response from PayPal and hope to move the discussions forward in the coming weeks. The proposed price is about 28% higher than PayPal’s closing price on July 14.
Founded in the late 1990s, PayPal was one of the pioneers of digital payments, but has faced increased competition as consumers turned to other payment methods and rivals such as Apple Pay and Google Pay gained market share. PayPal’s market capitalization peaked at around $360 billion in 2021 before dipping to around $36 billion in 2026. The company’s stock value has fallen by more than 40% over the past 12 months.
Following its takeover in March 2026, PayPal’s CEO, Enrique Lores, initiated a deep restructuring aimed at simplifying the payment service and prioritizing growth. In April, the company split its operations into three units: payments, Venmo (crowdfunding service), and payments and cryptocurrencies, while carrying out a series of leadership changes.
