Particle.news

Download on the App Store

PayPay Takes 40% Stake in Binance Japan to Link Cashless Payments With Crypto

The SoftBank-backed wallet moves to plug licensed crypto services into everyday payments across Japan.

Overview

  • PayPay acquired a 40% equity stake in Binance Japan as part of a newly announced capital and business alliance on October 9, 2025.
  • Initial integration is rolling out to let users buy cryptocurrencies using PayPay Money and to withdraw sale proceeds back to PayPay Money.
  • The partners plan to co-develop Web3-enabled payment features and other services that connect digital assets with everyday transactions.
  • PayPay reports more than 70 million users nationwide, and Binance Japan operates as a registered crypto-asset exchange with the Kanto Local Finance Bureau.
  • Financial terms were not disclosed, and both companies emphasize operating within Japan’s regulatory framework as they deepen product and technology integration.