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Reuters

SoftBank-Backed Paypay Valued at $12.7 Billion in Nasdaq Debut as Shares Jump

2026-03-12T143607Z_1988084103_RC203KAF2KUG_RTRMADP_3_PAYPAY-IPO

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Reuters

12:02 JST, March 13, 2026

March 12 (Reuters) – PayPay’s PAYP.O shares opened roughly 19% above their offer price in a widely anticipated Nasdaq debut on Thursday, valuing the Japanese payments app at $12.7 billion and giving a much-needed boost to the new listings market.

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