Fresh reports suggest that PayPal is not currently pursuing a sale, even as market speculation around a potential acquisition continues to circulate. According to a news report citing people familiar with the matter, the company is not actively seeking a buyer at this stage.
Earlier this week, another media report stated that Stripe had shown interest in acquiring some or all of PayPal Holdings. The potential deal was said to include the core PayPal platform and its services, along with affiliated businesses such as Venmo. Stripe declined to comment on the development.
However, unnamed sources told a separate publication that PayPal has been working with bankers in preparation for a possible activist investor campaign or even a hostile takeover attempt. The report added that these bankers had been advising Alex Chriss, who has since been removed from his role as CEO. The company has confirmed that its new CEO will take charge next week.
PayPal did not respond to a request for comment from another technology-focused publication. For now, the company’s strategic direction remains under close watch as leadership changes and takeover discussions continue to draw attention in the fintech sector.
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