PayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia – ProWellTech
PayPal Holdings, the US fintech company, announced the acquisition of Payy, a Japanese service platform that will now be bought and paid for later (BNPL), for around $ 2.7 billion (300 billion yen), mostly in cash , to strengthen its business in Japan. The transaction is expected to close, including regulatory approval, in the fourth…