PayPay acquires a 40% stake in Binance Japan to integrate crypto services, expanding its digital finance presence in Japan.
PayPay, SoftBank’s mobile payment service, has acquired a 40% stake in Binance Japan. This deal will expand PayPay’s crypto services in Japan. It allows Binance Japan to integrate PayPay’s cashless payment platform, offering users a seamless way to buy and sell crypto assets. This partnership strengthens PayPay’s presence in the digital finance market.
PayPay Acquires Stake in Binance Japan
SoftBank’s PayPay announced it had acquired a 40% stake in Binance Japan. This move follows a capital and business agreement between the two companies.
PayPay’s stake makes Binance Japan an equity-method affiliate, effective from September 2025. The partnership aims to offer integrated services, allowing PayPay users to access crypto assets through its PayPay Money platform.
In a statement, PayPay corporate officer Masayoshi Yanase highlighted the potential for both companies to combine their strengths.
PayPay’s established user base of 70 million will gain access to Binance’s innovative crypto services. This collaboration is expected to bring greater convenience and security to PayPay users looking to invest in digital assets.
Binance Japan’s general manager, Takeshi Chino, emphasized that the partnership will increase accessibility to Web3 services. By combining PayPay’s reach with Binance’s technology, the two aim to enhance the crypto experience for users across Japan.
PayPay’s Growth in Japan
Since its launch in 2018, PayPay has grown rapidly in Japan. As of July 2025, PayPay has surpassed 70 million users. This strong growth has positioned the platform as one of Japan’s leading payment services.
In 2024, PayPay processed over 380 million transactions, a 36% increase from the previous year.
PayPay has also become a dominant force in Japan’s cashless payment market. This makes the partnership with Binance Japan highly strategic. With a strong customer base, PayPay aims to integrate more digital finance services into its platform.
The company has already expanded its reach internationally, recently launching its service in South Korea.
In addition to local growth, PayPay has plans to scale globally. The company confidentially filed for a public listing with the U.S. Securities and Exchange Commission (SEC) in August. This filing suggests PayPay is looking to further expand its presence outside Japan.
Binance Japan’s Future with PayPay
Binance Japan stands to benefit significantly from PayPay’s investment.
By integrating PayPay’s mobile payment system, Binance Japan can offer a more accessible way for users to purchase cryptocurrencies. The partnership will allow customers to seamlessly move between traditional financial systems and digital assets.
$PayPay 1.5m dyor
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okx wallet:https://t.co/PT0Po0ozBB
Token Narrative:Binance Japan announced a capital and business partnership with Japanese cashless payment giant PayPay, with the latter acquiring a… pic.twitter.com/0me7yVY34J
— Jeff (@cfm_sol) October 9, 2025
Binance Japan’s role as a leader in the crypto market will be strengthened by this collaboration.
The service will also benefit from PayPay’s well-established network, which ensures trust and familiarity with users. PayPay’s broad user base and digital finance expertise will complement Binance’s innovative technology.
In turn, PayPay will gain access to the growing crypto market. The combined services will likely attract more users looking for a user-friendly way to engage with digital currencies. This partnership positions both companies to capitalize on the increasing demand for digital asset services.
