
PayPal to acquire Japan's Paidy for $2.7b

PayPal has agreed to buy Japan’s Paidy, a specialist in deferred e-commerce payments backed by several private equity investors, for about JPY300 billion ($2.7 billion).
It comes within five months of a $120 million Series D round provided by JS Capital Management, Soros Capital Management, Tybourne Capital Management, and Wellington Management. Eight Roads Ventures Japan...
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