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Stripe and Advent Ditch $50 Billion PayPal Takeover Bid (axios.com)

(Friday August 28, 2026 @05:10PM (BeauHD) from the cold-feet dept.)


Stripe and private equity firm Advent International have ditched their [1]$53 billion pursuit of PayPal, ending a deal that [2]would have been the largest fintech acquisition ever . "Stripe last week agreed to [3]pay $8 billion for AI model marketplace OpenRouter, but a source said that the OpenRouter and PayPal deals were operating on independent tracks," reports Axios.



[1] https://news.slashdot.org/story/26/07/15/047200/stripe-advent-offer-to-buy-paypal-for-more-than-53-billion

[2] https://www.axios.com/2026/08/28/stripe-advent-end-paypal-pursuit

[3] https://news.slashdot.org/story/26/08/19/2128206/stripe-buys-ai-startup-openrouter-for-75-billion



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