Sources: SoftBank has selected banks for a potential US IPO of its payments app operator PayPay, which may raise over $2B and could take place as soon as Q4 (Reuters)
199d ago
Technology
Techmeme

SoftBank is reportedly preparing to launch an initial public offering (IPO) in the United States for its payments app operator, PayPay. Sources indicate that SoftBank has selected investment banks to manage the potential IPO, which could raise over $2 billion. The IPO is tentatively planned for as early as the fourth quarter of this year. This move signals SoftBank's ambition to further expand and capitalize on its fintech holdings, leveraging the US market for growth.