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PayPay, SoftBank's Payment App, Eyes US IPO Aiming to Raise Over $2 Billion
1 week ago /
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Author：小编
SoftBank Group has enlisted investment banking giants including Goldman Sachs, JPMorgan Chase, Mizuho Financial Group, and Morgan Stanley to support the initial public offering (IPO) of its Japanese payment application, PayPay, in the United States. Reports indicate that PayPay's IPO is anticipated to raise more than $2 billion and is slated to occur in the fourth quarter of this year. This listing underscores SoftBank Group's ongoing commitment to monetizing its fintech assets.
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