Stripe and Advent bid more than $53 billion for PayPal, Reuters says
A reported PayPal offer would move Patrick and John Collison's Stripe from payments infrastructure into large-scale consolidation.
By Ryan Merket · Published
Primary source: Reuters
Why it matters
A Stripe-PayPal deal would be one of the largest fintech consolidations in years and would test whether Stripe can turn private-market scale into acquisition power.

Stripe and Advent International have offered to buy PayPal for more than $53 billion, Reuters reported.…