SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027 (Mayumi Negishi/Bloomberg)

Jun 06, 2026 - 05:45
Updated: 3 hours ago
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SoftBank PayPay acquires a 70.2 percent stake in T&D Financial Life Insurance for $840 million

Mayumi Negishi / Bloomberg:
SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027  —  SoftBank Group Corp.'s payments unit is buying the life insurance unit of T&D Holdings Inc. for ¥134.3 billion ($840 million) …

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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