0952 GMT - Stripe's reported joint approach for payment processor PayPal suggests the startup is looking to bolster its consumer-facing business, Jefferies analysts write. Link, the California-based group's consumer arm, currently has more than 250 million users globally, compared with PayPal's 439 million active accounts, the analysts say. An acquisition would also diversify Stripe's offering for businesses, given the $600 billion total payment volume of PayPal's enterprise arm, Braintree. Any deal would be neutral for Dutch rival payment processor Adyen, the analysts add. PayPal shares surge over 17% premarket, while Adyen gains 1.5%. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
July 15, 2026 05:54 ET (09:54 GMT)
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