Stripe and Advent International Bid $60.50/Share for PayPal

Stripe and private equity firm Advent International jointly offered to acquire PayPal at $60.50 per share in July, valuing the payments giant at approximately $53 billion. Builders should track this deal's regulatory path—if closed, it signals consolidation pressure across fintech infrastructure and may reshape API partnerships for Indian payment integrations.

Source: ET Tech ↗