PayPal Holdings

Greenlight Capital disclosed a Q2 position in PayPal, saying the post-earnings selloff and CEO change created a buying opportunity at an average price of $43.53. The firm believes PayPal’s payment assets are worth materially more than the 8x earnings they paid and notes a reported joint offer from Stripe and Advent International at $60.50 per share after quarter-end. Commentary also highlights market skepticism about PayPal’s shift versus newer payment methods and mentions CEO Alex Chriss in the company's recovery narrative. » Plus sur finance.yahoo.com

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. » Plus sur 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. » Plus sur handelsblatt.com