Stripe and private equity firm Advent International have reportedly made a joint $53.4 billion bid to acquire digital payments giant PayPal, potentially one of the largest deals in the financial technology sector.
According to Reuters, the offer was submitted earlier this month and is supported by approximately $50 billion in committed bank financing. Under the proposed transaction, Stripe and Advent would each own a 50% stake in PayPal if the acquisition moves forward.
The reported bid follows earlier speculation that Stripe was exploring a takeover of PayPal. In February, reports indicated the company had held preliminary discussions about a possible acquisition, though no formal offer was made at that time.
A successful deal would combine two of the world’s largest online payment platforms. PayPal currently serves around 440 million active accounts and processed approximately $1.8 trillion in payment volume during 2025. Stripe, meanwhile, processed roughly $1.9 trillion in payments over the same period and reached a company valuation of $159 billion earlier this year.
PayPal has not publicly commented on the reported offer, and Stripe and Advent International also declined to respond to requests for comment.
The acquisition proposal comes as PayPal undergoes a major restructuring. CEO Enrique Lores, who took over leadership in March following a profit warning, has announced plans to reduce costs by at least $1.5 billion over the next two to three years as the company works to improve growth. Reports have also suggested that PayPal plans to cut approximately 20% of its workforce as part of its turnaround strategy.
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If approved, the transaction would reshape the global digital payments industry by bringing together two of its most influential companies under a single ownership structure.
