PayPay, the mobile payment platform launched by SoftBank and Yahoo Japan last July, has received $419m in additional funding from the former.

Telecommunications and internet group SoftBank has invested ¥46bn ($419m) in Japan-based mobile payment service PayPay, TechCrunch Japan reported yesterday. PayPay was formed by SoftBank and internet company Yahoo Japan in July 2018. It operates a platform that enables users to transfer money online and pay for items using QR codes on their mobile devices. The…

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