PayPal to acquire Japanese "buy now, pay later" firm Paidy for $2.7 billion - NewsBreak

PayPal (Nasdaq: PYPL) agreed to acquire Paidy, a Japanese installment payments enabler, for around $2.7 billion. Why it matters: This sets up a global consolidation spree in the "buy-now, pay-later space," following Square's agreement last month to buy Afterpay for $29 billion. Bonus: Addi, a Bogota-based "buy-now, pay-later" startup, today...