PayPal's $2.7 billion Japan deal heats up buy now, pay later race

PayPal's $2.7 billion Japan deal heats up buy now, pay later race

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/paidy-m-a-paypal/paypals-2-7-billion-japan-deal-heats-up-buy-now-pay-later-race-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 experiencing a pandemic-led boom.