PayPal pops nearly 7% on report Stripe is weighing an acquisition
By CNBC
February 24, 2026, 5:40 PM EST
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CNBC: PayPal’s stock surged 7% after reports that Stripe is considering buying parts of the company.
Fintech startup Stripe is reportedly exploring the purchase of segments of PayPal’s business, causing a 7% increase in PayPal’s stock. This news follows a recent decline in PayPal’s value due to slowing growth in the competitive financial industry. Meanwhile, Stripe has seen a significant increase in valuation, reaching $159 billion, and is not currently focused on an IPO as it continues to prioritize product and business growth. For more details, read the full report on Bloomberg.
