PayPal Eyes Sale Talks With Stripe-Advent Group After Rejected Bid

PayPal is reportedly in talks to sell itself to a Stripe-led consortium including Advent International after turning down Stripe’s $60.50-per-share bid, fueling speculation of a higher offer. A deal would combine PayPal’s consumer network (Venmo, Braintree) with Stripe to create a payments platform handling roughly $3.7 trillion in annual volume, but would face regulatory scrutiny. No agreement is signed yet. PayPal’s Q2 results beat expectations ($8.68B revenue, $1.38 non-GAAP EPS) and the stock rose on the deal chatter, as investors weigh the possibility of a higher bid or a partial carve-out.