SoftBank’s PayPay pushes into insurance with a 70.2% T&D Life stake

The SoftBank-backed payments app is taking a 70.2% stake in T&D Financial Life, its most capital-intensive move yet from payments into full financial services. PayPay is buying its way into life insurance. The SoftBank-backed payments company has agreed to acquire a 70.2% stake in T&D Financial Life Insurance from T&D Holdings for roughly ¥134.3bn, about […]
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