PayPay

Company

Last mentioned: 2d ago

Timeline

  1. Nasdaq Debut

    Officially listed on Nasdaq with a $12.7 billion valuation.

  2. Market Debut

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

  3. IPO Pricing

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

  4. User Milestone

    Surpassed 60 million users, covering nearly half of Japan's population.

  5. Consolidation

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

  6. Line Pay Integration

    Announced integration with Line Pay following the Z Holdings merger.

  7. Aggressive Growth Phase

    Initiated the 10 Billion Yen Giveaway campaign to drive mass adoption.

  8. PayPay Launch

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

  9. PayPay Launch

    Launched as a joint venture between SoftBank and Yahoo Japan.

Stories mentioning PayPay 2

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.

2 sources