Reported 19 days ago
Investors anticipate that PayPay's valuation could exceed 3 trillion yen ($20 billion) as SoftBank prepares for its initial public offering in the U.S. in December. Discussions with institutional investors have indicated a baseline valuation of 2 trillion yen, with potential for higher growth based on overseas expansion. PayPay has been enhancing its service offerings and is aiming to tap into international markets, particularly after announcing payment services abroad, including in South Korea.
Source: YAHOO