According to an international news agency citing sources familiar with the matter, the proposal includes approximately $50 billion in committed financing. The joint offer calls for acquiring PayPal at $60.50 per share, valuing the company at more than $53 billion in total.
The offer is Stripe's second attempt to acquire PayPal. According to a report in February, the payment processor company had held early acquisition talks with PayPal, which is facing increasing competition from smartphone-based payment services such as Google Pay and Apple Pay. Both PayPal and Stripe declined to comment on the matter. PayPal shares rose 11.3 percent to $52.73 before the session. The stock gained 14 percent in value in the last month, but fell 35 percent in the last year.
PayPal and Stripe have expanded their crypto services in recent years. PayPal launched PYUSD stablecoin in 2023. The coin has fallen to around $2.85 billion after peaking in February 2026 with a market cap of $4.2 billion. Although PYUSD is among the top 10 stablecoins, it lags far behind market leaders Tether's USDT and Circle's USDC.
Stripe, on the other hand, has been offering stablecoin-based accounts worldwide since May 2025. The company's stablecoin infrastructure platform, Bridge, received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) on February 17 to operate as a national trust bank at the federal level. Stripe has also accelerated its stablecoin payment strategy through partnerships with financial institutions and payment networks. Visa announced in March that it would expand its stablecoin card partnership with Stripe's Bridge to more than 100 countries in Europe, Asia-Pacific, Africa and the Middle East by the end of the year.