Advent, Stripe end pursuit of PayPal

Advent, Stripe end pursuit of PayPal

Tech in Asia·2026-08-28 13:00

Buyout firm Advent and Stripe have ended their pursuit of PayPal Holdings after previously offering more than US$50 billion for the payments company.

The deal would have been one of the biggest leveraged buyouts if completed.

Stripe had considered a deal for part or all of PayPal after a slump in PayPal’s stock.

PayPal shares have risen more than 40% this quarter after takeover interest emerged.

The company reported second-quarter earnings above analysts’ estimates, lifting its market value to about US$52.6 billion.

Stripe was last valued at US$159 billion in a February 2026 share sale, underscoring its capacity to join a bid.

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🔗 Source: Bloomberg

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