PayPay to acquire a 75.28％ stake in PayPay Bank from LY.

Synopsis

PayPay, a Japanese company that develops electronic payment services, agreed to acquire a 75.28％ stake in PayPay Bank, an online bank, from LY, an internet company. Financial terms were not disclosed.

Principals

target

Paypay Bank

bidder

Paypay Corporation

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Bidder Team (1)

ichiro nakayama

President & CEO at PAYPAY CORPORATION

Manager

bidder

Deal

n/a

Total Value

Vendor Team (1)

kentaro kawabe

President at LY CORPORATION

Manager

vendor

Deals

£ 31.16 B

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy