Japan s SoftBank Group Corp is planning an initial public offering (IPO) of its digital payments unit PayPay in the United States as soon as December, two people with direct knowledge of the matter said, according to Reuters. The Japanese conglomerate has been speaking to institutional investors since mid-September regarding potential valuations ahead of the highly anticipated IPO. The conversations indicate that investors are going to value PayPay at above 3 trillion yen ($20 billion) and that 2 trillion yen is seen as the baseline, the sources said. The valuation discussions, which were first reported by Reuters, come as optimism around PayPay s growth potential grows and...
Sunday 19 October 2025
wn.com - 5 days ago
SoftBank’s PayPay eyes $20 billion valuation ahead of US IPO
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