TRENDING · US
PayPal board rejects $53 billion Stripe-Advent takeover bid as undervalued
PayPal's board rejected a $53 billion acquisition proposal from Stripe and Advent International (valued at $60.50 per share). The board believes the offer undervalues the payments firm and may open negotiations.
WHY IT MATTERS
Consolidation attempt in payments signals pressure on legacy fintech valuations post-AI hype; deal dynamics will reshape BFSI M&A appetite and payment rail competition.
Source: PYMNTS · 2026-07-17