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Stripe and Advent table $53bn PayPal bid at 28% premium

A $53bn offer for PayPal has arrived from Stripe, a payments start-up, and Advent International, a private equity group. The offer carries a 28% premium to PayPal's Tuesday closing price. The math reconciles: at 1.28 times the prior close,…

By Marcus Cole·Jul 20, 2026·1 min read·markets

A $53bn offer for PayPal has arrived from Stripe, a payments start-up, and Advent International, a private equity group. The offer carries a 28% premium to PayPal's Tuesday closing price. The math reconciles: at 1.28 times the prior close, the implied pre-announcement equity value sits near $41.4bn, placing the premium at roughly $11.6bn above that base.

The headline numbers

Metric Figure Status
Offer value $53bn Reported
Premium to Tuesday close 28% Reported
Implied pre-offer equity value ~$41.4bn Derived

The 28% premium is the spread between Tuesday's close and the buyers' stated offer price. Deal structure, including cash versus stock composition and any financing breakdown, has not been reported in the source.

The buyers

Stripe is described as a payments start-up. Advent International is a private equity group. The bid pairs a sector-focused company with a financial sponsor, a structure that typically surfaces when deal scale requires both operating rationale and external capital. No allocation of the $53bn between the two parties has been reported. PayPal's board response has not been published.

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Key takeaways

Frequently asked

Who is bidding to buy PayPal?

Stripe, a payments start-up, and Advent International, a private equity group, have jointly made the offer.

How much is the offer and what premium does it carry?

The offer values PayPal at $53bn and represents a 28% premium to the company's Tuesday closing price.

What was PayPal's implied value before the offer?

At 1.28 times the prior close, the implied pre-announcement equity value sits near $41.4bn, about $11.6bn below the offer.

Are the deal structure and PayPal's response known?

No; the cash-versus-stock composition, financing breakdown, split of the $53bn between the buyers, and PayPal's board response have not been reported.