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- PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S.
- initial public offering, Reuters reported Monday.
- The Tokyo-based company and a selling shareholder plan to offer 55 million American depositary shares priced between $17 and $20 each, according to the report.
- At the top end of that range, the offering would value PayPay at more than $10 billion.
- PayPay is Japan’s largest cashless payments provider, with more than 70 million registered users.
- The company’s app allows consumers to make mobile payments at stores, transfer money and manage digital balances, as Japan steadily shifts away from cash.
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Nguon tham khao: https://www.coindesk.com/business/2026/03/02/paypay-40-owner-of-binance-japan-seeks-up-to-usd1-1-billion-in-nasdaq-ipo