Reported about 1 year ago
PayPay Securities Corp. plans to increase its brokerage accounts to 2 million by the end of the fiscal year, up from 1 million currently, with support from users of the group's cashless payment system. The company's CEO expects the convenience of conducting brokerage transactions on the PayPay app, which has 60 million registered users, to attract more users. PayPay Securities, a subsidiary of SoftBank Corp., aims to become profitable in the coming years despite posting a net loss of ¥4.6 billion in the previous fiscal year.
Source: YAHOO