SoftBank's PayPay prices IPO at $16 per share, filing shows

PayPay

12/03/2026 24:50

TOKYO, March 12 (Reuters) - Japanese digital wallet provider PayPay PAYP.O, backed by SoftBank Group 9984.T, has priced its initial public offering at $16 per share, a filing from SoftBank subsidiary LY Corp showed.

PayPay initially wanted to sell shares in a range between $17 to $20 per share but sources told Reuters that it was likely to be around the low end of this range as the war in the Middle East hit markets.

 (Reporting by Anton Bridge; Editing by Christian Schmollinger)

 ((Anton.Bridge@thomsonreuters.com;))