SoftBank's PayPay Moves Closer to Public Markets with US IPO Filing
7 Articles
7 Articles
PayPay files for Nasdaq listing
SoftBank Corp subsidiary PayPay, the largest mobile payment service in Japan, filed registration statements with the US Securities and Exchange Commission for a proposed initial public offering. In a statement, SoftBank explained the filing is related to a proposed listing of American depositary shares (ADS) representing its common shares. PayPay applied to list the ADS on the Nasdaq, with the number to be offered and price range for the propose…
PayPay and Visa have formed a strategic partnership, taking on the US cash market, which is worth 300 trillion yen. We explain the full picture of their global strategy, which includes the domestic introduction of technology that allows users to switch payment methods with a single card, as they look ahead to an IPO.
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