Stripe and Advent Reportedly Make $53B Bid for PayPal

Stripe and Advent International are offering to acquire PayPal in a $53 billion deal, sending shares surging. Michael Burry believes the offer undervalues the company. The bid includes $17 billion in equity from Stripe, Advent, and Block.

Shares of PYPL surged roughly 14% on July 15, 2026 after reports that Stripe and private-equity firm Advent International submitted a joint bid to take PayPal private for more than $53 billion, or about $60.50 per share . The offer represents a premium of roughly 28% to PayPal's prior close.

The proposal is backed by around $50 billion in committed bank financing and would leave Stripe and Advent as equal owners, with no stated plans to break up the company . PayPal, whose market value stood near $41 billion before the report with shares around $47 and down about 36% over the past year, has not publicly responded to the approach.

If consummated, the transaction would rank as the largest fintech acquisition on record and a rare instance of a venture-backed company acquiring an S&P 500 member. Investors will watch for PayPal's board response, potential regulatory scrutiny of combining two major payments players, and whether rival bidders emerge. Some skeptics, reportedly including investor Michael Burry, have argued the bid still undervalues the franchise.

Related Stocks

PYPL