PayPal Acquires Buy Now, Pay Later Platform Paidy for $2.7 Billion

The deal will give the payments giant an entry point into the BNPL market in Japan

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PayPal announced that it’s buying the Japanese buy now, pay later (BNPL) platform Paidy for $2.7 billion, the latest in a series of deals that are reshaping the fast-growing delayed-payment space.

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