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paypalThe company’s stock rose nearly 7% on Tuesday after reports that fintech startup Stripe was considering acquiring a payments platform.
Bloomberg reported the news, citing people familiar with the matter, who said talks were in the early stages. Stripe is reportedly considering acquiring all or part of PayPal’s business.
The news comes a day after reports said buyer interest in the company had increased following recent stock weakness.
PayPal and Stripe declined to comment on this report.
PayPal, which has suffered from slowing growth in the increasingly competitive financial payments industry, has plunged more than 19% since the beginning of the year. The company lost nearly a third of its value in 2025.
Earlier this month, the company’s stock price plummeted following a lackluster profit outlook, and its board appointed HP’s Enrique Lores as its new CEO, starting in early March.
Meanwhile, fintech startup Stripe was valued at $159 billion on Tuesday after a secondary stock sale to employees and shareholders.
This is up from $91.5 billion a year ago. Stripe said in a business update that its revenue suite is on track to reach an annual operating rate of $1 billion this year.
Stripe, which ranked No. 10 on CNBC’s Disruptor 50 list last year, has transformed into one of the most valuable private companies of all time, recently acquiring billing startup Metronome in January.
Stripe co-founder and president John Collison told CNBC’s Andrew Ross Sorkin on Tuesday that the company is not yet pursuing an IPO that would hinder the growth of its current product and business.
Read the full Bloomberg article here.
