Stripe and Advent Offer $60.50 a Share for PayPal, Valuing It Above $53bn
July 15, 2026 – 8:11 am
Image by: Sagar Savla
Stripe and Advent International have offered $60.50 a share in cash for PayPal, a bid that values the payments company at more than $53 billion. According to Reuters, this proposal includes approximately $50 billion in committed financing from banks.
The buyers plan to hold equal stakes in PayPal and, unusually, have stated they wouldn’t break it up. This offer follows an initial approach in early April, but PayPal has neither confirmed nor declined it.
Advent is familiar with this market space, having acquired the Canadian processor Nuvei for $6.3 billion in 2024 and currently backing Payoneer’s $2.75 billion purchase with the promise of building a Stripe competitor.
If successful, this bid would pit Advent against their own investment: they would fund both sides of the proposed Nuvei-Stripe rivalry. The offer price represents a 28% premium to PayPal’s close of approximately $47 on Tuesday and is particularly generous considering PayPal’s recent market history.
PayPal’s value peaked near $360 billion in 2021 but has since fallen more than 40% in the past year. The company has struggled against Apple Pay, Google Pay, and a wave of fintech startups.
Recent leadership changes have also impacted PayPal’s trajectory: CEO Alex Chriss was removed in February due to underwhelming performance, and new CEO Enrique Lores has since split PayPal into three units and unveiled an AI-driven efficiency plan targeting $1.5 billion in savings over two to three years.
Despite these efforts, the bid arrives at a company that has paused its decline rather than reversed it. In contrast, Stripe was valued at $159 billion in a recent employee and shareholder tender offer—more than 70% above its previous sale price—and processed $1.9 trillion in payments in 2025, up 34%.
Stripe, privately held and co-headquartered in San Francisco and Dublin, is led by co-founder John Collison, who advocates for agentic commerce to redefine online shopping.