Reported 1 day ago
SoftBank Corp President Jun Miyakawa announced that the U.S. government shutdown has stalled the regulatory review for PayPay's planned IPO in the U.S. The listing, anticipated to value PayPay at over 3 trillion yen ($20 billion), was expected by December. PayPay, a leader in QR code payments, has been instrumental in transitioning Japanese consumers away from cash by offering mobile app rebates.
Source: YAHOO