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Stripe and Advent Offer $53 Billion for Paypal: Here’s What It Means for Crypto Payments

Payments processor Stripe and private equity firm Advent International have offered to buy Paypal for more than $53 billion, a 28% premium to Tuesday’s close. A deal would unite two of the most aggressive stablecoin players in fintech. A Massive Bid For the Payments Giant Reuters reported the exclusive earlier today, citing sources familiar with…

Logos of Stripe and AdventPayments processor Stripe and private equity firm Advent International have offered to buy Paypal for more than $53 billion, a 28% premium to Tuesday’s close. A deal would unite two of the most aggressive stablecoin players in fintech. A Massive Bid For the Payments Giant Reuters reported the exclusive earlier today, citing sources familiar with […]

Source: https://news.bitcoin.com/stripe-advent-53-billion-paypal-offer-crypto/