Softbank is reportedly planning its largest US stock exchange, since Arm went to the stock exchange with a potential offer of 2 billion US dollars for its payment platform PayPay in 2023. The company speaks with TOP -US investment banks, including Goldman Sachs, JPMorgan Chase, Mazuho Financial Group and Morgan Stanley. PayPay is a dominant player in the Japanese payment landscape, and the offer could complete in the last quarter of this year. This would be the largest offer from Softbank since ARM's IPO in 2023, which brought in 5 billion US dollars.
Softbank is reportedly planning its largest US IPO (IPO), since the Blockbuster list of ARM -Holings in 2023. The company is in advanced talks with Top -US investment banks to organize a potential offer of 2 billion US dollar for its PayPay payment platform. The IPO could complete in the last quarter of this year.
PayPay, a dominant player in the Japanese payment landscape, was largely helped to encourage the Japanese consumers to avert discounts through payments via his mobile app. The platform also offers financial services, including bank and credit cards. Two years ago, Reuters reported that Softbank had considered a US list for PayPay, and the conglomerate has expressed its intention to break the business since then.
Softbank has selected the investment banks Goldman Sachs, JPMorgan Chase, the Mizuho Financial Group and Morgan Stanley to guide the preparations for the list. These banks have a strong track record in stock exchange and are well positioned to cope with the complexity of a main offer. The sources that provided this information warned that factors, including the time and the amount of the IPO, are subject to market conditions.
The potential IPO of PayPay follows a time with strong technical income and signs of progress in trade negotiations, which have helped to restore the trust of investors. This wave of solid market debut is a reversal compared to the beginning of this year when the uncertainty about President Donald Trump's collective bargaining policy opened up new lists. If it happened, the PayPay IPO since Arm Holdings's IPO in 2023 would have been the first US list of a Softbank majority investment.
PayPay's ownership is divided between several Softbank companies: WLAN -Carrier Softbank Corp, The Vision Fund Investment ARM and Internet Business LY Corp, a joint venture between Softbank and Naver Corp. The IPO could significantly strengthen Softbank's financial services and provide a new income current through PayPay's financial services.
The US IPO activity has gained dynamics with several successful market debuts in recent months. This trend is expected to continue, which is supported by strong technical income and improved trade conditions. The PayPay IPO could be an important event in the financial calendar, which offers investors the opportunity to participate in the growth of a leading payment platform.
References
[1] https://www.businessTimes.com
[2] https://www.scmp.com/tech/big-tech/article/332139/softbank-selects-banks-s-z-Payments-App-Amid-tech-rebound-sources-ay
[3] https://finance.yahoo.com/news/exclusiv-softbank-selects-banks-s-230448990.html
[4] https://www.marketbeat.com/instant-mizuho-securities-lers-lower-position-in-morgan-stanley-nysems-2025-08-09/09/
