Qatar Investment Authority (QIA)

Company

Last mentioned: 4d ago

Timeline

  1. Market Debut

    Shares begin trading on the U.S. stock exchange with $220M in anchor support.

  2. IPO Pricing

    PayPay officially prices its U.S. IPO at $16 per share, below the target range.

  3. Consolidation

    PayPay becomes a consolidated subsidiary of SoftBank Corp and Z Holdings.

  4. PayPay Launch

    SoftBank and Yahoo Japan launch the QR code payment service in Japan.

Stories mentioning Qatar Investment Authority (QIA) 1

Payments Neutral

SoftBank’s PayPay Prices US IPO at $16, Below Initial Target Range

PayPay, the dominant Japanese digital wallet provider backed by SoftBank, has priced its U.S. initial public offering at $16 per share, missing its initial target range. Despite the conservative pricing, the debut is supported by $220 million in anchor investments from Visa and major Gulf sovereign wealth funds.

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