PayPal Holdings

PayPal has launched integrations with education payment platforms Illumia, Nelnet Campus Commerce and TouchNet, enabling students at several US universities to pay tuition and other fees using PayPal or Venmo. The option is already available at schools such as Bellarmine, Butler, Kansas State, Michigan State and Texas Tech and will be rolled out to more institutions later in the year. Payments can be made from a bank account, credit card or PayPal/Venmo balance and include encryption and fraud monitoring features. » More on de.investing.com

According to media reports, PayPal is in talks with payments provider Stripe and private equity firm Advent about a possible takeover and is negotiating a higher price after an offer of $60.50 per share was rejected. An agreement could be reached in the coming weeks but is not certain. PayPal and Stripe declined to comment on the speculation; the stock rose in after-hours trading. » More on handelsblatt.com

According to the report, Stripe and Advent International submitted an offer of $60.50 per share for PayPal in July, valuing the company at about $53 billion; PayPal rejected the offer as too low. Talks about a higher price are continuing and could lead to an agreement within a few weeks. A tie-up would make Stripe and Advent equal owners and would likely trigger extensive antitrust reviews as well as clarifications around the financing structure. PayPal’s stock rose after the report, while the company declined to comment. » More on de.investing.com