Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports

PYPL•2026-08-28

Advent and Stripe consortium drops PayPal pursuit

Aug. 27 (Reuters) - A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal PYPL.O, Bloomberg News reported on Thursday, citing people familiar with the matter.

Reuters could not immediately verify the report.

Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports

Advent and Stripe consortium drops PayPal pursuit

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