Stripe + PayPal? The rumor is less about M&A—and more about what “payments” is becoming

stripe-+-paypal?-the-rumor-is-less-about-m&a—and-more-about-what-“payments”-is-becoming

On Feb. 24, 2026, a Bloomberg report (picked up by Reuters) said Stripe is considering acquiring PayPal—or parts of it. Both companies declined to comment, and Reuters couldn’t independently verify the report, so treat this as early-stage, high-noise talk for now.

Still, even as a rumor, it’s an unusually revealing one—because Stripe and PayPal are now the closest thing fintech has to a mirror test:

  • Stripe says businesses on its platform generated $1.9 trillion in total volume in 2025 (+34% YoY) and that the company’s tender offer valued Stripe at $159 billion.

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