Bengaluru: U.S. taxpayer PayPal Holdings Inc. announced the acquisition of $ 2.7 billion by Japanese Paidy Pay-As-You-Go (BNPL) Paidy, which is investing capital and taking a new step to secure a top position in a company that sees disease-controlled growth.
The negotiations led to an agreement with Square Inc. Last month, it acquired BNPL After pay Ltd. Australia supports. Experts said at $ 290 that it could cause a major crisis in the region.
The BNPL manufacturing industry has been particularly successful during epilepsy, led by public advertising training and dominated by the consumer credit market. Some of these research companies make money by paying taxes to consumers, offering cheap loans that consumers buy by paying and bypassing credit information.
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The former BNPL PayPal market leader met with Australia last year to raise money for small businesses such as Sizzle Inc. and Z1P.AX Co., Ltd., whose performance declined in trading on Wednesday afternoon.
“The price will increase PayPal’s experience, its share and value in the Japanese payroll market, which is this company’s third-largest market, and the company’s bottom line,” PayPal said Tuesday.
After construction, Paidy will continue to manage its current business and maintain its reputation. Founder and President Russell Cummer and CEO Riku Sugie will continue in the company, PayPal announced.
Companies are expected to close in the fourth quarter of 2021 and are not tired of changing PayPal’s individual payments by 2022.