SoftBank’s PayPay Files for $2B U.S. IPO at $10B+ Valuation

SoftBank's PayPay Corp. has confidentially filed for a U.S. IPO of American depositary shares, potentially valuing it at over $10 billion and raising more than $2 billion. With 70 million users dominating Japan's QR payments, the move aims to unlock value amid a recovering market. This could redefine Japanese fintech's global presence.
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