Stripe is reportedly eyeing a deal to buy some or all of PayPal


Stripe is considering a deal to buy some or all of PayPal Holdings’ holdings, Sources told BloombergAlthough the talks are still in the very early stages and an agreement may not be reached.

The news comes on the same day as the tape It issued its annual message Giving updates on the business. The big news was that tape It is to submit a tender offer Which estimates the company’s value at $159 billion, an increase of 74% over last year. Investors buying employee shares this time are Andreessen Horowitz and Thrive Capital. Stripe will also buy back some shares, the letter said.

The latest valuation makes Stripe once again one of the most valuable private companies in the industry. Based in Dublin, he is the co-founder and CEO of Stripe. Patrick Collison told CNBC: Lately going public has not been on his list of priorities. PayPal Holdings (which includes the core product PayPal and its services, As well as other companies like Venmo) is cCurrently it is a publicly traded company, with a market capitalization of approximately $40 billion.

PayPal stock rose slightly after reports of Stripe’s interest in an acquisition. Stripe declined to comment.

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