Stripe and private equity firm Advent International submitted a joint $60.50-per-share bid in July 2026 to acquire PayPal, valuing the target above $53 billion and backed by roughly $50 billion in committed bank financing. Ongoing negotiations, following PayPal's initial rejection of the offer as insufficient, have kept acquisition prospects alive into mid-August, directly supporting the 61.5% market-implied probability for any part of PayPal changing hands this year. The proposed combination would pair Stripe’s merchant infrastructure with PayPal’s consumer base and Venmo network amid intensifying competition from Apple Pay and Google Pay. While regulatory approvals and final pricing remain hurdles, the active dialogue and prior February 2026 interest reports have anchored trader consensus around a completed transaction.