TechCrunch·2 min read·medium
Stripe and Advent reportedly offered to buy PayPal for around $53.4B
L
Lauren Forristal
✦AI Summary
Stripe and private equity firm Advent International have reportedly submitted a $53.4 billion joint bid to acquire PayPal. The deal, if finalized, would consolidate two major players in the digital payments industry amid PayPal's ongoing efforts to cut costs and restructure.
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion.
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