Startup

PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7 billion (300 billion yen), mostly in cash, to enhance its business in Japan. The transaction completion, including the regulatory approval, is expected in the fourth quarter of 2021. After the acquisition, the […]

PayPal acquires Japan’s Paidy for $2.7B to crack the buy now, pay later market in Asia   Read More

Riiid, a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. The acquisition comes after the company’s latest $175 million Series D round from SoftBank’s Vision Fund 2 in May. Riiid has said it will continue to fuel its global expansion with the funding. Langoo, Riiid’s partner in Japan, offers […]

SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan   Read More