PayPay Corporation has acquired a 40% stake in Binance Japan, making the crypto exchange an equity-method affiliate as of September 2025.
PayPay Takes 40% Stake in Binance Japan to Expand Digital Finance Offering
The investment marks a major move in PayPay’s evolution from a cashless payments app into a broader digital financial platform.
The two companies plan to integrate services that will allow users to buy cryptocurrencies directly within the Binance app using PayPay Money, and to withdraw funds back into PayPay accounts.
The collaboration aims to combine Binance’s digital asset expertise with PayPay’s vast domestic user base to make crypto trading more accessible to everyday consumers in Japan.
“Through its continued evolution from a cashless payments business into a digital financial platform, PayPay will strive to deliver new value to users while contributing to the advancement of Japan’s financial infrastructure,” the company said in a statement.
The partnership also signals a growing convergence between Japan’s fintech and cryptocurrency sectors, as regulators and financial institutions push for innovation within secure and compliant frameworks.
The move reinforces PayPay’s ambition to become a one-stop digital finance platform, supporting payments, investments, and crypto services through its ecosystem.
