PayPal To Buy Japanese Fintech Firm Paidy For $2.7 Billion As Pandemic Fuels Digital Payments Boom

PayPal Holdings said it has agreed to acquire Paidy—a buy now, pay later (BNPL) startup in Japan—for $2.7 billion as the U.S. payments giant seeks to expand its capabilities amid a pandemic-fueled boom in demand for digital payments solutions.

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