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
AI agents are starting to perform more sophisticated tasks, such as identifying suppliers that can deliver cargo, comparing prices, and sending messages to the supplier to arrange a delivery. But when it comes to paying for shipping, they still need to involve a human. Today’s financial sector depends on financial pathways, the underlying infrastructure that
The window is almost closed. On August 19, eight startups will take to the Stripe Tour Sydney stage in front of investors, the global press and the Australian tech community. A startup is automatically entered into TechCrunch Disrupt in San Francisco: no application, no further competition, a guaranteed spot on the world’s most iconic startup
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,