Stripe and Advent reportedly offered to buy PayPal for around $53.4B

This isn't the archetypal clip Stripe has been linked with a imaginable acquisition of the payments giant. Earlier reports successful February suggested the institution had been exploring a imaginable takeover and was engaged successful preliminary discussions, though nary ceremonial connection emerged astatine the time.

If completed, the acquisition would unite 2 of the biggest names successful integer payments. PayPal serves astir 440 cardinal progressive accounts and handles astir $1.8 trillion successful outgo measurement during 2025. Meanwhile, businesses usage Stripe to process $1.9 trillion successful payments implicit the aforesaid period. Plus, Stripe's valuation climbed to $159 cardinal earlier this year. 

PayPal has yet to respond publically to the offer. 

The imaginable woody comes astatine a pivotal clip for PayPal. CEO Enrique Lores took implicit successful March pursuing a institution nett warning. Since then, determination person been plans to chopped astatine slightest $1.5 cardinal successful costs implicit the adjacent 2 to 3 years arsenic PayPal looks to instrumentality to stronger growth. Reports person besides suggested the institution intends to trim its workforce by astir 20%.

PayPal, Stripe and Advent International did not instantly respond to our requests for comment.