PayPal may not be looking to sell itself: Report

PayPal may not track access, Semafor said againto name people who are familiar with the matter.

Earlier this week, Bloomberg reported that Stripe showed interest by buying some or all of PayPal Holdings, which includes PayPal’s top products and services, as well as other companies such as Venmo. Stripe declined to comment on the matter.

But unnamed sources tell Semafor that the company has been working with banks to prepare for a campaign that could be a fight for money or a violent expropriation. Banks were working with them Alex ChrisPayPal The now fired CEO, he said. The company’s new CEO will start next week, PayPal said.

PayPal did not respond to TechCrunch’s request for comment.