Stripe and private equity firm Advent International have ditched their $53 billion pursuit of PayPal, ending a deal that would have been the largest fintech acquisition ever. "Stripe last week agreed to pay $8 billion for AI model marketplace OpenRouter, but a source said that the OpenRouter and PayPal deals were operating on independent tracks," reports Axios.

[ Read more of this story ]( https://news.slashdot.org/story/26/08/28/1633219/stripe-and-advent-ditch-50-billion-paypal-takeover-bid?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.