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PayPay, Japan’s top mobile payment app, filed for a U.S. IPO on Feb. 12, 2026, with SoftBank retaining ownership.
PayPay, Japan’s leading mobile payment app and a SoftBank subsidiary, has filed for a U.S. IPO, aiming to list American depositary shares on Nasdaq.
The filing, made on February 12, 2026, follows delays from the 2023 government shutdown.
The company reported a 103.3 billion yen profit and 278.5 billion yen in revenue for the nine months ending December 31, 2025.
Goldman Sachs, J.P. Morgan, Mizuho, and Morgan Stanley are lead underwriters.
The offering’s size, price range, and timing remain undetermined.
SoftBank will retain ownership post-IPO.
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PayPay, la principal aplicación de pago móvil de Japón, presentó una oferta pública inicial en los Estados Unidos el 12 de febrero de 2026, con SoftBank reteniendo la propiedad.