PayPal pops nearly 7% on report Stripe is weighing an acquisition
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PayPalShares of fintech startup Stripe rose nearly 7% on Tuesday following a report that it was considering acquiring the payments platform.
Bloomberg reported the newsTalks are in the early stages, he said, citing people familiar with the matter. The report stated that Stripe is considering purchasing all or part of PayPal’s business.
The news comes a day after reports of increased buyer interest in the company following its recent stock decline.
PayPal and Stripe declined to comment on the report.
PayPal is down more than 19% since the beginning of the year, as it grapples with slowing growth in the increasingly competitive financial payments industry. The company lost almost a third of its value in 2025.
Earlier this month, the stock tumbled on weak earnings expectations, and the board appointed HP’s Enrique Lores as the new CEO, effective in early March.
Meanwhile, fintech startup Stripe hit a $159 billion valuation on Tuesday following a secondary share sale for employees and shareholders.
That’s up from $91.5 billion a year ago. Stripe said in a business update that its revenue package is planned to reach an annual operating rate of $1 billion this year.
Stripe, which ranked No. 10 on CNBC’s Disruptor 50 list last year, has become one of the most valuable private companies ever and recently acquired billing startup Metronome in January.
Stripe co-founder and chairman John Collison told CNBC’s Andrew Ross Sorkin on Tuesday that the company is not yet targeting an IPO that would negatively impact current product and business growth.
Read the full Bloomberg article Here.
