Acquiring Company
PayPal
Acquired Company
Paidy
San JoseOtherCommerce and ShoppingFinancial ServicesSoftwareCommerce And ShoppingPaymentsFintechMobile Paymentsinformation technology & servicesOtherFinancial ServicesCommerce And ShoppingPaymentsDescription
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later solutions in Japan, for ¥300 billion or approximately US$2.7 billion, principally in cash. The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world, complementing the company's existing cross-border ecommerce business in the country.
Quick answer
PayPal is acquiring Paidy, announced September 8, 2021. PayPal is based in San Jose, California, United States.
- How much did PayPal pay for Paidy?
- The deal value was not disclosed.
- What does PayPal do?
- PayPal has remained at the forefront of the digital payment revolution for more than 20 years.
- Where are PayPal and Paidy based?
- PayPal is based in San Jose, California, United States.
- Who are the decision-makers at PayPal?
- Fundz holds 5 contacts at PayPal. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Sitecore Acquires Ai-Powered Digital Search Platform Reflektion (September 3, 2021)
- Hewlett Packard Enterprise Completes Acquisition Of Zerto (September 1, 2021)
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Who to call at PayPal, and when
When PayPal changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day PayPal raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PayPal, from your own LinkedIn network
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Frequently asked
Who acquired Paidy?
Paidy was acquired by PayPal, based in San Jose. The deal was reported on September 8, 2021. PayPal has remained at the forefront of the digital payment revolution for more than 20 years. PayPal is publicly traded (PYPL) and operates in Other.
When did PayPal acquire Paidy?
PayPal's acquisition of Paidy was reported on September 8, 2021. PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later solutions in Japan, for ¥300 billion or approximately US$2.7 billion, principally in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paidy do?
Paidy is Japan's pioneer and leading BNPL service with the mission to spread trust through society and to give people room to dream. Paidy offers instant, monthly-consolidated credit to consumers by removing hassles from payment and purchase experiences. It is privately held, operating in Other.
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