Cyprus Mail26 Jul 2026

How PayPal went from Wall Street favorite to unwilling merger target

Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the US and PayPal is facing a takeover bid it does not like. What happens next?

The company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and ‌buyout shop Advent International. PayPal’s board is discussing the bid but believes $60.50 a share is not enough, people...

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How PayPal went from Wall Street favorite to unwilling merger target · XploreCyprus