PayPal

PYPL

Market cap $49B

CNBC's MacKenzie Sigalos discusses a recent report regarding PayPal.

Stripe and PayPal have spent years expanding across digital commerce from opposite directions. Stripe built its business by selling payments infrastructure to merchants.

PayPal Holdings PYPL shares are trading cheaply, as suggested by the Value Score of A. In terms of forward 12-month price-to-earnings (P/E), PayPal is currently trading at 8.53X, lower than the Zacks Financial Transaction Services industry average of 17.02X.

Shares in PayPal Holdings (Nasdaq: PYPL) are skyrocketing in premarket trading this morning after a report that the legacy digital payments platform has received a joint buyout offer from one of today's most successful fintech companies and a major private equity firm. Here's what you need to know.

Stripe and Advent have made a $53B bid for PayPal, lifting PYPL shares and putting fintech ETFs like PYPU, FINX and IPAY in the spotlight.

The YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) is up over 14% intraday after reports that Stripe and Advent International made a joint takeover bid for PayPal Holdings (NASDAQ:PYPL | PYPL Price Prediction).

Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings for $60.50 per share, in a deal that would value the payments company at more than $53 billion, two people familiar with the matter said.

The financial plumbing ‌firm and buyout shop Advent offered $53 bln to buy the payments processor. It's a welcome ​lifeline for Venmo's owner, but at ​a bargain price.

Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion.

In this video, I will cover the reports of a potential acquisition of PayPal (PYPL +16.31%) and explain what it means for the stock and what I plan to do with my position. Watch the short video to learn more, consider subscribing, and click the special offer link below.