College is a constellation of Venmo requests — your roommate’s cut of the utilities, your half of an Uber ride, the ticket to your friend’s a capella performance that you don’t actually want to go to. On Wednesday, Venmo’s parent company PayPal announced that you will now be able to use its services to pay
PayPal CEO Enrique Lores’ turnaround plan for the fintech company could include a sale — of itself. The prospect first popped in July when Stripe and private equity giant Advent offered to buy PayPal for $60.50 a share in a deal that would have valued it at $53 billion, the Wall Street Journal reported at
PayPal is apparently still open to Stripe’s $53.4 billion takeover bid, but not at the price Stripe had offered. On the company’s second-quarter 2026 earnings conference call on Tuesday, PayPal CEO Enrique Lores did not completely rule out the idea of a deal, saying the company would consider a path that creates “superior value” for
Stripe and private equity firm Advent International have reportedly made a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion. Reuters reports that the offer was submitted earlier this month and is backed by approximately $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal,
