Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
By Marina Temkin
Published on March 2, 2026.
Japan's leading mobile payment app, PayPay, has reportedly postponed its US IPO due to market volatility and ongoing conflict in the Middle East. The company was aiming for a valuation of at least ¥1.5 trillion ($10 billion) and was founded in 2018 as a joint venture between SoftBank and Yahoo Japan, with technical assistance from India's Paytm. Several companies have already postponed their IPO plans due to concerns about AI potentialinging traditional software.
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