Paidy Launches Paidy Link to Instantly Link Paidy Accounts to Digital Wallets
- PayPal Is Launch Partner and Paidy Account Holders Can Now Shop at PayPal s 29 Million Merchants Worldwide -
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TOKYO, April 16, 2021 /PRNewswire/ Paidy Inc., Japan s leading Buy Now Pay Later provider, which serves 700,000 online merchants in Japan, announced on April 16 Paidy Link, a new feature in the Paidy app, that allows users to instantly link digital wallets with their Paidy accounts. The first digital wallet to integrate with Paidy Link is PayPal with plans to expand in the future through cooperation with a variety of partners.
Paidy Launches Paidy Link to Instantly Link Paidy Accounts to Digital Wallets prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Paidy Raises US$120 Million in Series D Round
April 2, 2021 GMT
TOKYO, April 2, 2021 /PRNewswire/ Paidy Inc., Japan’s leading “Buy Now, Pay Later” (BNPL) service provider, is pleased to announce that it completed the Series D round of funding by March 31, 2021, raising a total of US$120 million from JS Capital Management LLC, Soros Capital Management LLC, Tybourne Capital Management Ltd., and Wellington Management. Since late 2020, Paidy has additionally completed the loan facilities set up by upsizing the warehouse facility with Goldman Sachs, newly establishing the secured loan facility with Sumitomo Mitsui Banking Corporation and the other warehouse facility through the syndication led by Mizuho Bank, Ltd. This capital increase and additional debt financing from the financial institutions bring total capital raising since the company’s founding to US$585 million (of which, equi
Paidy Raises US$120 Million in Series D Round prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.