PayPal snaps up Japanese buy-now-pay-later unicorn for $2.7 billion - NewsBreak
By Vivian in Business
Updated 3 years ago
Hong Kong (CNN Business) — PayPal is buying Japanese startup Paidy, marking the latest major tie-up in the fast-growing space of buy now, pay later companies. The US giant announced the mostly cash deal Tuesday night, which is worth 300 billion Japanese yen (about $2.7 billion). In a statement, PayPal...