# PayPay Corporation, the Japanese digital payments giant backed by SoftBank Group, continued its strong post-IPO performance in early trading Monday, March 16, 2026.

*fintech · news · 2026-03-16 · International Business Times*

## Key points

- PayPay's IPO on Nasdaq raised $880 million, pricing below range at $16 per ADS.
- By March 13, 2026, PayPay's market capitalization had surged to approximately $14.1 billion.
- PayPay recently acquired majority stakes in PayPay Bank and PayPay Securities in 2025.
- A full merger with Line Pay is set for late March 2026 to consolidate market share.
- CEO hints at a potential dual listing on the Tokyo Stock Exchange for greater liquidity.

**Companies:** SoftBank Group, PayPay Corporation, Goldman Sachs, J.P. Morgan, Mizuho, Morgan Stanley
**Countries:** Japan, United States

[Read the full story on International Business Times](https://www.ibtimes.com/paypay-corporation-payp-surges-nasdaq-debut-closing-16-softbank-backed-fintech-gains-momentum-3799294)

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