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Stripe and Advent International table $60.50-per-share PayPal bid in deal valued above $53 billion

A joint offer from Stripe and Advent International has put PayPal (PYPL) in focus, with the bid priced at $60.50 per share and the total deal value placed above $53 billion. PayPal shares surged on the report. A formal response from PayPal's board is the setup's first confirmable step.

By Desmond ChoiMacro DeskJuly 20, 20262 min readPYPL
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Key takeaways

  • Stripe and Advent International have made a joint bid for PayPal priced at $60.50 per share, with a total deal value placed above $53 billion.
  • Stripe is a private payments company that competes directly with PayPal in digital transactions, while Advent International is a private equity firm.
  • PayPal's board has not publicly responded to the offer, and no timeline for engagement was provided.
  • The source disclosed no financing details, deal conditions, or named financial advisers for the more than $53 billion price tag.
  • PayPal shares moved higher after the offer was reported, though no attributed percentage was provided so the session move is unconfirmed.

A joint offer from Stripe and Advent International has put PayPal (PYPL) in focus, with the bid priced at $60.50 per share and the total deal value placed above $53 billion. PayPal shares surged on the report. A formal response from PayPal's board is the setup's first confirmable step.

The bid on the table

The number is $60.50. The deal size exceeds $53 billion. Stripe is a private payments company with direct competitive overlap with PayPal in digital transactions, which gives the bid a strategic dimension a solo financial sponsor would not carry. Advent International is a private equity firm. Its presence alongside Stripe raises the question of how the two parties would split ownership and operational responsibility in a completed deal, a detail the source did not disclose. Financial advisers on either side were also not named.

What the source leaves open

PayPal's board has not publicly responded, and no timeline for engagement was provided. The announcement gave no information on financing for the $53 billion-plus price tag and named no deal conditions. A combination of two large digital payments companies would draw antitrust scrutiny in multiple jurisdictions; that review process was not addressed in the source.

What to watch

PYPL shares moved higher after the offer was reported. No attributed percentage was provided, so the session move is unconfirmed. The $60.50 price is the bid. Whether PayPal's board treats it as sufficient is what determines if the offer advances. A signed merger agreement is the tape's next read. Advent's private equity role in the buyer group means capital structure and financing terms will be central to any deal announcement that follows.

Related reading

About this story

Filed by the macro desk of MarketPR on July 20, 2026. Source: cnbc.com. Indicative figures are not investment advice.

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Frequently asked

How much are Stripe and Advent International offering for PayPal?

They have tabled a bid of $60.50 per share, valuing the deal at more than $53 billion.

Has PayPal's board responded to the bid?

No, PayPal's board has not publicly responded, and no timeline for engagement was provided.

Why does Stripe's involvement give the bid a strategic dimension?

Stripe is a private payments company with direct competitive overlap with PayPal in digital transactions, which adds a strategic angle a solo financial sponsor would not carry.

What regulatory concerns could the deal face?

A combination of two large digital payments companies would draw antitrust scrutiny in multiple jurisdictions, though the source did not address that review process.

What is the next confirmable step to watch in this deal?

A formal response from PayPal's board is the first confirmable step, and a signed merger agreement would be the next key development.