PayPal to buy Japanese BNPL firm Paidy in $2.7b deal

PayPal to buy Japanese BNPL firm Paidy in $2.7b deal

Visual from company website

U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claiming the top spot in an industry witnessing a pandemic-led boom.