SoftBank-Backed PayPay Files For US IPO, Aiming For $13.4 Billion Valuation In High-Stakes Market Test

SoftBank Group-backed PayPay has filed for a $1.1 billion U.S. IPO seeking a valuation of up to $13.4 billion, betting its dominant position in Japan's cashless payments market can attract investors despite volatile global conditions. Importance Rank: 1 read more