Stripe says it wants to buy some or all of PayPal

Stripe is considering buying some or all of PayPal Holdings, sources told Bloombergalthough negotiations are still very early and an agreement may not be reached.

Articles arrive the same day Stripe released his annual newsletter, providing business updates. The main issue was Stripe He is giving a tender offer which values ​​the company at $159 billion, an increase of 74% from last year. Investors buying shares this time include Andreessen Horowitz and Thrive Capital. Stripe will also buy other assets, the letter said.

The latest valuation also makes Stripe one of the most valuable companies in the business. Based in Dublin, Stripe’s co-founder and CEO, Patrick Collison, told CNBC recently that going public was not on the list of priorities. PayPal Holdings (which includes PayPal’s core business and services, as well as other companies such as Venmo) and cis a publicly traded company, with a market capitalization of approximately $40 billion.

PayPal’s stock rose slightly after reports of Stripe’s interest in the acquisition. Stripe declined to comment.