Paypal's Board Rejects Stripe's $53B Acquisition Offer as Low

WHO:

Reuters - PayPal's board of directors

Entrepreneur - Stripe and private equity firm Advent International

WHAT:

Reuters - PayPal's board rejected a $53 billion takeover bid from Stripe and Advent International.

Entrepreneur - The proposed merger would create one of the world's largest global online payments companies, processing $3.7 trillion annually.

WHY:

Reuters - PayPal's board views the $53 billion bid as undervaluing the company and believes it faces regulatory and financing hurdles.

(UPDATED July 17, 2026 00:21 UTC)

PayPal's board of directors has rejected a $53 billion takeover bid from Stripe and private equity firm Advent International, citing concerns that the offer undervalues the company. If the merger had gone through, it would have created one of the largest global online payments companies, processing an impressive $3.7 trillion annually. The board also expressed worries about potential regulatory and financing hurdles that could complicate the deal.