Stripe and Advent Ditch $50 Billion PayPal Takeover Bid (axios.com)
(Friday August 28, 2026 @05:10PM (BeauHD)
from the cold-feet dept.)
- Reference: 0185254046
- News link: https://news.slashdot.org/story/26/08/28/1633219/stripe-and-advent-ditch-50-billion-paypal-takeover-bid
- Source link: https://www.axios.com/2026/08/28/stripe-advent-end-paypal-pursuit
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
[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