PayPal

PayPal partners with Meta to power purchases through Muse AI agents

PayPal announced on Tuesday a partnership with Meta that will allow its customers to shop and check out using Meta's Muse personal AI agents across PayPal's worldwide merchant network. Shares of PayPal surged as much as 4.8% in morning trading…

PayPal launches platform letting businesses mint custom stablecoins

PayPal on Wednesday launched PYUSDx, a developer platform that allows businesses to create their own branded stablecoins backed one-to-one by PayPal USD, the company's existing dollar-pegged token issued by Paxos Trust Company.

PayPal begins cutting 20% of global workforce

PayPal has begun laying off dozens of employees at its Israel development center as part of a sweeping global restructuring that will eliminate roughly 4,760 jobs — about 20% of the company's workforce — over two to three years.

PayPal in talks to sell itself to Stripe and Advent

PayPal is in active discussions to sell itself to a consortium of Stripe and private-equity firm Advent International, in what would be the largest fintech acquisition ever, according to reporting by The Wall Street Journal on August 14.

Stripe, Advent in talks to acquire PayPal for $53B

Stripe and private-equity firm Advent International are in active negotiations to acquire PayPal for roughly $53 billion, the Wall Street Journal News Corp reported Friday in an exclusive, a deal that would reshape the global payments industry by uniting two…

Stripe, Advent make $53B joint offer to acquire PayPal

Stripe and private equity firm Advent International have submitted a joint offer to acquire PayPal for more than $53 billion, according to a Reuters exclusive report published late Monday. The bid of $60.50 per share represents a roughly 28% premium…