(Feb 13): SoftBank Group Corp’s digital payments provider PayPay Corp has filed publicly for a US initial public offering (IPO), in what could be the biggest listing for a Japanese company on a US stock exchange. Representatives of PayPay and SoftBank’s telecom unit SoftBank Corp declined to comment on PayPay valuation. PayPay originated in 2018 as a joint venture with Vision Fund-backed Indian payments company Paytm. PayPay, which is majority-owned by SoftBank Group and SoftBank Corp, has been stepping up efforts to expand overseas ahead of the global offering. PayPay will continue to be a SoftBank Corp subsidiary following the IPO and the Japanese company doesn’t expect the listing to have any material impact on its consolidated earnings, according to an earlier statement.

Source: The Edge Markets February 13, 2026 10:04 UTC