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flag PayPay, a Japanese mobile payment service, plans an IPO to raise about $2 billion in the U.S.

flag PayPay, a mobile payment service owned by SoftBank, has applied for a US listing with the SEC, aiming to raise around $2 billion through an IPO. flag Details like the exact schedule, size, and price have not been set yet. flag PayPay, launched in 2018, has seen rapid growth in Japan and aims to expand globally. flag The listing could happen by the end of this year, with PayPay continuing as a SoftBank subsidiary.

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