Stripe Eyes $53B PayPal Deal | Tech News

Stripe is reportedly teaming up with Advent International to make a $53.4 billion bid for PayPal — a blockbuster merger that could unite two titans of digital payments. With PayPal’s 440 million users and $2 trillion in annual transactions, and Stripe’s similarly massive business volume, the deal could reshape online commerce. Though PayPal hasn’t responded, its new CEO is pushing cost-cutting reforms, adding intrigue to this high-stakes play. Watch this space — the future of payments might be about to get a whole lot bigger. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d2ccc9d41eb563e8