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

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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