PayPay Corp

PayPay Corp is a leading FinTech company in Japan that operates a digital finance platform focused on payments, providing various payment and financial services to users and merchants. The platform connects tens of millions of users and millions of merchants, offering code-based payment, credit card, banking, investments, and other related services primarily accessible via smartphones. As of March 31, 2026, PayPay had approximately 73 million registered users, representing 78% of smartphone users in Japan. The company's business consists of two domains: Payment business and Financial services. The Payment business is centered on PayPay, a code-based mobile payment platform, and PayPay Card, an integrated credit card service. As of March 31, 2026, PayPay had 73 million registered users and 41 million monthly transacting users (MTUs) during March 2026. Users can charge their PayPay Balance and make payments from this pre-loaded balance or use PayPay Credit. PayPay Card Corporation offers traditional credit card services, including revolving credit, cash advances, and installment plans. PayPay also provides merchants with promotional tools such as PayPay Coupons, PayPay Stamp Cards, and PayPay Funding solutions. Financial services, established through the acquisitions of PayPay Bank Corporation and PayPay Securities Corporation in April 2025, include savings and borrowings through PayPay Bank Corporation and investment services through PayPay Securities Corporation. As of March 31, 2026, PayPay Bank Corporation had 9.98 million accounts and PayPay Securities Corporation had 1.73 million accounts.