SATURDAY, AUGUST 29, 2026|No. 13114
Business · Fintech

Stripe-Advent Consortium Ends Bid for PayPal

A consortium including Stripe and Advent International has reportedly ceased its efforts to acquire PayPal, a deal that was previously valued at over $50 billion.

The logos of financial technology companies Stripe and PayPal.
The logos of financial technology companies Stripe and PayPal. · Photo by Logan Voss on Unsplash
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Takeaways by Bloomberg AI

A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc., a potential deal that would have ranked as one of the biggest-ever leveraged buyouts, according to people familiar with the matter.

The group is no longer pursuing a deal for PayPal, the people said, asking not to be identified because the information is private. It had previously offered more than $50 billion for the company, people with knowledge of the matter have said.

PAN's pipeline reviewed approximately 1 open sources for this article. No human editor reviewed this article before publication.

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