SoftBank Picks Banks for PayPay US IPO in Digital Payments Race
TL;DR Summary
SoftBank is preparing for a potential US IPO of its Japanese payments app PayPay, with Goldman Sachs, JPMorgan, Mizuho, and Morgan Stanley leading the effort, aiming to raise over $2 billion possibly as soon as late 2025, marking SoftBank's first US listing since Arm Holdings.
- SoftBank selects banks for US IPO of payments app PayPay, Reuters reports CNBC
- Exclusive: SoftBank selects banks for US IPO of payments app PayPay, sources say Reuters
- SoftBank's PayPay US IPO: A Strategic Play in the Global Digital Payments Race? AInvest
- SoftBank selects group of banks to organize IPO for PayPay, Reuters reports TipRanks
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