PayPal Sale Talks With Stripe and Advent Advance as CEO Lores Pursues Revival
PayPal is in ongoing sale negotiations with payment company Stripe and private equity firm Advent, which offered $60.50 per share, valuing the company at about $53 billion. PayPal rejected the initial proposal but talks have continued. The discussions come as Chief Executive Enrique Lores, who joined in March 2026, pushes a revival plan involving senior management changes, a restructuring into three business modules, and plans to cut 20% of staff. PayPal declined to comment; Stripe said it would not address rumors.
Sale negotiations for PayPal are intensifying, with a potential transaction that may be jointly initiated by payment company Stripe and private equity firm Advent. The deal first surfaced in July 2026, when Stripe and Advent proposed acquiring PayPal at $60.50 per share, corresponding to a valuation of approximately $53 billion. PayPal rejected the proposal, but negotiations between the two sides have not ended. In response to the reports, PayPal declined to comment, while a Stripe spokesperson said the company would not comment on 'rumors or speculation.'
The sale talks come as PayPal Chief Executive Enrique Lores drives the company's revival plan. Lores joined PayPal in March 2026, having previously spent many years at HP. In April 2026, he launched the initial actions of the revival plan, including senior personnel adjustments, a restructuring of the company's business into three operating modules — checkout solutions and the PayPal core, consumer financial services (including Venmo), and payment services and cryptocurrency — and plans to cut 20% of staff. In May, Lores promised investors that PayPal would refocus on fundamentals, committing to 'become a pure technology company again.'
PayPal was co-founded in 1998 by Peter Thiel, Elon Musk, Max Levchin, and Luke Nosek, among others. After rapid expansion during the pandemic driven by the e-commerce boom, the company has faced development difficulties in recent years.
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The event has a measured impact on 1 industry. The strongest current signal is mixed for Payment Services, with intensity 60/100 and 70% confidence over a short term horizon.
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