PayPal Acquires Buy Now, Pay Later Platform Paidy for $2.7 Billion

PayPal announced that it’s buying the Japanese buy now, pay later (BNPL) platform Paidy for $2.7 billion, the latest in a series of deals that are reshaping the fast-growing delayed-payment space. The payments giant is hoping the acquisition will add to its existing processing capabilities and distribution in Japan, which is the third largest ecommerce…

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