PayPal (NASDAQ: PYPL) has announced the acquisition of buy now, pay later (BNPL) firm Paidy for $2.7 billion (¥300 billion) – mainly in cash. BNPL services have boomed in popularity as the services has emerged as an alternative to expensive credit card transactions. Paidy offers… Read More
Read more in: Asia, Fintech | Tagged bnpl, buy now pay later, japan, paidy, paypal, peter kenevan, riku sugie, Russell Cummer
Japan-based Fintech firm Paidy, specializing in the Buy Now, Pay Later or BNPL sector, is reportedly looking into going public. This, according to a report from the FT. BNPL has become quite popular globally, with many new Fintechs entering the space within a relatively short… Read More
Read more in: Asia, Fintech | Tagged bnpl, buy now pay later, consumer behavior, flexible payments, installment plans, japan, paidy, pay over time, payments, Russell Cummer
Japan-based Paidy Inc., a Fintech firm that allows consumers to make online purchases quickly and securely without using a credit card or pre-registration, announced on October 31 that it received $143 million in additional funding. As noted in a release, Paidy’s funding consisted of a… Read More
Read more in: Asia, Fintech | Tagged japan, paidy, PayPal Ventures, Russell Cummer
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