Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTProactiveWed, July 15, 2026 at 11:01 AM GMT+2 1 min readPayPal Holdings Inc (NASDAQ:PYPL) shares surged 16% in pre-market trading after reports that payments company Stripe and private equity firm Advent International had made a joint $53 billion takeover approach for the US payments group.According to Reuters, Stripe and Advent have offered US$60.50 a share, representing a 28% premium to PayPal's closing share price on Tuesday.The offer is said to be backed by about US$50 billion of committed bank financing.A proposal was submitted earlier this month, the report said, following an initial approach in early April.PayPal, which is headquartered in California, has not responded to the offer, with Stripe and Advent hoping to advance discussions in the coming weeks.The proposed transaction would see Stripe, the Irish-American digital payments company, and Advent jointly own PayPal with equal stakes.PayPal shares rose about 16% to $54.91 before the opening bell on Wednesday following the report, although the stock remains down 18% over the past year.A deal would bring together two of the biggest names in digital payments. Stripe provides payment infrastructure to millions of businesses worldwide, while PayPal remains one of the largest online payments platforms despite facing intensifying competition in recent years from rivals including Stripe, Apple Pay and Block.Reuters said it was not immediately clear why PayPal had yet to respond to the proposal. CNBC reported it had contacted PayPal, Stripe and Advent International for comment.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info