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9 results for “payments giant”
PayPal shares sink on reported collapse of Stripe-Advent takeover deal
PayPal's stock dropped over 13% after reports emerged that Stripe and Advent International abandoned their proposed acquisition bid, signaling market concern about PayPal’s strategic position and valuation.
Aug 28, 2026
Stripe didn’t really buy OpenRouter because of the ‘singularity’
Stripe acquired OpenRouter, an AI model routing API platform, not for speculative 'singularity' reasons as jokingly cited, but to embed AI-powered financial infrastructure into developer workflows and expand Stripe's role in AI-native commerce.
Aug 20, 2026
Why a Payments Giant Is Paying $7 Billion for the ‘Stripe of AI’ - WSJ
A major payments company acquired an AI infrastructure startup for $7 billion, positioning it as the foundational platform for AI application development akin to how Stripe enabled online payments.
Aug 20, 2026
Stripe agrees $7bn takeover of AI firm OpenRouter - Bloomberg
Stripe has agreed to acquire OpenRouter, an AI API routing platform, for $7 billion, signaling a strategic move to embed AI infrastructure into financial services payments infrastructure.
Aug 18, 2026
Payments giant Stripe is about to drop over $7 billion to become a gateway to AI token sales - The Register
Stripe is reportedly planning to invest over $7 billion to position itself as the primary payment and infrastructure layer for AI token sales, though no official announcement, timeline, or operational details have been confirmed.
Aug 18, 2026
Tech jobs go as Visa cuts workforce by 7%
Visa announced a 7% workforce reduction (approximately 2,600 jobs), disproportionately affecting technology and product roles, as part of an operational reconfiguration aligned with AI adoption.
Jul 28, 2026
Visa layoffs: Thousands of jobs slashed at the payments giant as CEO memo points toward AI acceleration - Fast Company
Visa announced thousands of layoffs while framing the move as part of a strategic shift toward AI-driven transformation, linking workforce reduction to accelerated technology investment.
Jul 28, 2026
Visa launches threat intelligence platform; carries out agentic transactions in Europe
Visa launched a cyber threat intelligence platform and executed experimental agentic commerce transactions with European banks, signaling strategic expansion into AI-driven financial infrastructure.
Published Jul 3, 2026 · Analyzed Jul 7, 2026
India's digital payments giant Paytm to offer credit card and lending services - CNBC
Paytm, India's leading digital payments platform, announced plans to expand into credit card issuance and consumer lending services, marking a strategic vertical integration into financial products beyond its core payments infrastructure.
Published Jun 23, 2017 · Analyzed Jul 8, 2026