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Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports

  • Posted on August 28, 2026
  • By Google News
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  • 1 min read
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Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports
Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports

A consortium ​of buyout firm ‌Advent and payment ​processor ​Stripe has decided ⁠to ​abandon its ​pursuit of fintech pioneer PayPal , ​Bloomberg ​News reported on ‌Thursday, ⁠citing people familiar with the ​matter.
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