Stripe considers acquiring PayPal, stock price soars

2026-02-24 20:54:10

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Investing.com – According to Bloomberg, Stripe is considering acquiring all or part of PayPal’s (NASDAQ: PYPL) business. Following this news, PayPal’s stock price surged 8% in Tuesday afternoon trading.

On Monday, reports indicated that PayPal has attracted interest from potential buyers, including a major competitor. Today’s report states that Stripe has expressed preliminary interest in the deal.

This potential acquisition comes as PayPal faces increasing competition in the digital payments space. Private payment processing company Stripe has grown rapidly in recent years and now directly competes with PayPal in online payment processing.

It is unclear whether Stripe is the company mentioned in Monday’s reports that is interested in acquiring PayPal. Neither company has issued an official statement regarding the potential deal.

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