Gulf sovereign funds back SoftBank PayPay IPO
Arabian Post Staff -Dubai SoftBank Group’s digital payments subsidiary PayPay has secured backing from major Middle Eastern sovereign wealth funds as anchor investors for its planned Nasdaq listing, signalling growing Gulf interest in Asian fintech assets and global digital payments infrastructure. PayPay Corporation is preparing to raise about $1.1 billion through an initial public offering in the United States, with the Abu Dhabi Investment Authority and a […]



