Throwback: PayPay Took a 40% Stake in Binance Japan
One year ago today, on Oct 9, 2025, PayPay announced an equity investment in Binance Japan: a 40% stake, with Binance Japan an equity-method affiliate since September 2025. The plan was to let users buy crypto in the Binance app with PayPay Money and withdraw back to it. That integration went live on Nov 21, 2025, and PayPay had 70M+ users at the time.
Would you fund crypto from a payments app?
One year ago today, on Oct 9, 2025, PayPay announced an equity investment in Binance Japan: a 40% stake, with Binance Japan an equity-method affiliate since September 2025. The plan was to let users buy crypto in the Binance app with PayPay Money and withdraw back to it. That integration went live on Nov 21, 2025, and PayPay had 70M+ users at the time.
Would you fund crypto from a payments app?