On July 16, 2026, PayPal’s board expressed that the $53 billion takeover bid from rival Stripe and private equity firm Advent International undervalues the company and faces regulatory and financing hurdles, according to a person familiar with the matter. The offer, priced at $60.50 per share, represents a premium over PayPal’s recent share price but does not fully reflect the potential value the company could generate if management successfully executes its turnaround strategy.

PayPal, founded in the late 1990s, has struggled to keep pace with competitors like Apple Pay and Google Pay in recent years. The proposed combination of Stripe and PayPal would create one of the world's largest global online payments companies, processing approximately $3.7 trillion in annual volume.

The board is currently evaluating the bid and the possibility of other offers emerging, while scheduled to hold additional meetings. PayPal has not formally responded to the proposal, according to two other sources.

Financing for the bid includes a roughly $50 billion package provided by JPMorgan and Morgan Stanley, with Stripe and Advent contributing $17 billion in equity.

Investors are closely watching PayPal’s upcoming earnings report on July 28, 2026, for indications that growth in its core checkout business is stabilizing after the company issued a weaker-than-expected outlook earlier this year and warned of slowing momentum in the segment.