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[BUSINESS]■ STORY TIMELINE

SOFTBANK'S PAYPAL ACQUIRES T&D LIFE INSURER FOR $840M

SoftBank Group's PayPay payment app is acquiring a 70.2% stake in T&D Financial Life Insurance for ¥134.3 billion ($840 million). The deal, expected to close in October 2027, expands PayPay's financial services offerings in Japan's competitive fintech market.

2 SOURCESFIRST SEEN JUN 4, 08:20 AM► READ THE ARTICLE
Bloomberg Tech+0m

SoftBank Group Corp.’s payments unit is buying the life insurance unit of T&D Holdings Inc. for ¥134.3 billion ($840 mil…

Techmeme+1d 20h

Mayumi Negishi / Bloomberg: SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Fin…