Tracked topic
In Brief Posted: 3:43 PM PDT · August 14, 2026 Lucas Ropek Talks to sell PayPal to Stripe and Advent are heating up PayPal CEO Enrique Lores’ turnaround plan for the fintech company could include a sale — of itself. …
… PayPal Ventures still exists on paper and has a few employees supporting its portfolio of startups. However, it has paused new investment activity — at least for now. The decision follows the departure of PayPal CEO Alex Chriss, who was replaced by Enrique Lores in February. …
… An analysis from financial services firm Cantor valued PayPal at closer to $70 per share. The company’s shares are currently trading at around $58. PayPal reported adjusted profit of $1.38 per share, beating expectations of $1.28 per share. …
… In its first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs to “recommit to the fundamentals,” which included “becoming a technology company again.” There was no need to read between the lines — PayPal was pitching an AI-powered turnaround. …
… PayPal has yet to respond publicly to the offer. The potential deal comes at a pivotal time for PayPal. …
… Google Play already offers other digital payment methods including PayPal and Cash App along with cards from American Express, Visa, Mastercard, Discover and JCB in the United States. …
… PayPal, which owns Venmo, is restructuring to spin Venmo off as a stand-alone business unit — a move widely seen as laying the groundwork for a potential sale. Stripe has reportedly expressed interest in buying PayPal outright. …
… Musk brought Botha — who is also from South Africa — in to run the finance division of PayPal in 2000. …
… In 1999, he founded X.com as a financial services startup, which later merged into PayPal. …
… Other startups have been sued over “cookie stuffing,” notably Honey, which is owned by PayPal and remains the subject of an ongoing class action lawsuit. …