PayPal's $2.7 bln Japan deal heats up buy now, pay later race

U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom.
Read more: https://www.reuters.com/business/paypal-buy-japan-based-paidy-27-bln-deal-2021-09-08/?source=Snapzu