https://www.reuters.com/article/paidy-m-a-paypal/paypal-heats-up-buy-now-pay-later-race-with-2-7-billion-japan-deal-idUSKBN2G4057

(Reuters) -U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry witnessing a pandemic-led boom.