Reported 16 days ago
PayPay is expected to achieve a valuation exceeding ¥3 trillion ($20 billion) during its anticipated US IPO, driven by the company's growth in Japan and plans for international expansion. Discussions with investors began in mid-September, with a potential IPO date in December. PayPay aims to enhance its global presence, including international payment options and cryptocurrency services, while SoftBank, its parent company, has seen increased profits in its financial segment.
Source: YAHOO