PayPay to acquire 70.2 percent stake in T&D life insurer for $840 million

04 de junho de 2026

Reportado por IA

PayPay announced it will acquire a 70.2 percent stake in T&D Financial Life Insurance for $840 million.

PayPay, Japan’s dominant payments app, announced plans to take a 70.2 percent stake in privately held T&D Financial Life Insurance. The deal is valued at $840 million. The transaction will mark PayPay’s entry into the life insurance sector. T&D Financial Life Insurance operates under the T&D Holdings group. The announcement was made on June 4, 2026. PayPay, backed by SoftBank, leads the domestic mobile payments market.

Kraken parent Payward agrees to acquire Reap Technologies for $600 million

07 de maio de 2026 Reportado por IA Imagem gerada por IA

Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million in a cash-and-stock deal. The transaction values Payward at $20 billion and represents the company's largest acquisition to date.

Sumitomo Life plans $1.9 billion private credit investment

Osaka-based Sumitomo Life plans to invest $1.9 billion in private credit. The insurer has been gradually increasing its private credit holdings.

Sumitomo Mitsui Trust considers up to ¥380 billion digital investment

09 de junho de 2026 Reportado por IA

Sumitomo Mitsui Trust is considering up to ¥380 billion in digital investments. The bank also plans to spend ¥30 billion on operational optimization and reposition around 900 employees into client-facing roles.

Europa

Talanx acquires Mexican insurer Afirme Seguros

Ásia

BRI Life launches Asuransi MODI and sustains strong financial performance

Negócios

Kotak Mahindra Bank set to acquire Deutsche Bank's India retail business

SoftBank overtakes Toyota as Japan’s most valuable company

SoftBank’s market value surpassed Toyota’s on June 1 after its shares rose 14 percent in Tokyo trading. This marks the first time in over two decades that the technology group has held the top spot among Japanese companies.

Bank Mandiri posts Rp15.4 trillion profit in Q1 2026

21 de abril de 2026 Reportado por IA

PT Bank Mandiri (Persero) Tbk reported consolidated net profit of Rp15.4 trillion in Q1 2026, up 16.6 percent year-on-year. The performance was bolstered by 17.4 percent loan growth to Rp1,530 trillion and third-party funds of Rp1,675 trillion, both exceeding industry averages.

terça-feira, 26 de maio de 2026, 21:44h