Fintech
PayPal / Stripe
Fintech
[subscription] Stripe and Advent Capital made a $53 billion acquisition bid for PayPal. PayPal's valuation has dropped from $360 billion in 2021 to $36 billion currently. Stripe's stablecoin subsidiary Bridge won conditional approval for a national trust bank charter. PayPal has not yet acknowledged the offer.. PayPal / Stripe. Fwd: 🟡 Really quite unsustainable
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