$PAYP

PayPay (NasdaqGS:PAYP) said it is expanding a Japan retail payments alliance with Seven & i Holdings, SEVEN-ELEVEN JAPAN, SoftBank and LY Corporation. The partners plan to link user IDs, integrate PayPay Points across 7-Eleven, and have PayPay develop the Seven-Eleven app, aiming to expand cashless payments and data-driven services. PayPay shares were $15.67, up 5.6% weekly and down 13.7% YTD.

Seven & i Holdings said it secured Y300bn ($1.91bn) via a third-party allotment of treasury shares, with SoftBank, PayPay and Sumitomo Mitsui Card each subscribing Y100bn for 48.30 million common shares. The capital supports partnerships linking 7-Eleven Japan’s 20,000+ stores with partners’ digital platforms, including plans to link 7iD with PayPay accounts.

Seven & i Holdings said it will receive 300 billion yen ($1.9 billion) from SoftBank, PayPay and Sumitomo Mitsui Card, with each investing 100 billion yen for a 2.27% stake. The deal will integrate customer IDs between Seven & i and PayPay to build a loyalty ecosystem across 100 million+ users, and combine store operations with AI and robotics know-how.

PayPay Corp said it will form a strategic and capital alliance with Seven & i Holdings and its Seven-Eleven Japan unit, alongside SoftBank and LY Corp. PayPay and SoftBank will subscribe for Seven & i shares via a third-party allotment of treasury shares. The partners plan to integrate 7iD with PayPay ID, launch PayPay Points, and develop a Seven-Eleven app, using shared data and promotions.

Seven & i Holdings and Seven-Eleven Japan said they formed strategic alliances with SoftBank, PayPay, LINE Yahoo, and Sumitomo Mitsui Card to combine store networks with digital services in Japan. The groups agreed 300 billion yen in capital ties, with each partner investing 100 billion yen via treasury-share allotment. Seven & i’s 7iD will integrate with PayPay ID.

Seven & i Holdings will receive a combined 300 billion yen ($620m each) investment from SoftBank, PayPay and Sumitomo Mitsui Card, which will each buy a 2.27% stake, according to a filing. Seven & i also announced a 400 billion yen share buyback. The moves follow profit pressure and a failed Couche-Tard takeover attempt.

Seven & i Holdings and PayPay are considering integrating Seven & i’s 7iD customer ID with PayPay ID, according to sources. The plan would combine data from about 22,000 Seven-Eleven stores and roughly 74 million PayPay users to improve demand prediction and personalized offers. Seven & i is also in talks for about 300 billion yen investment involving SoftBank, PayPay and Sumitomo Mitsui Card.

Seven & I Holdings and PayPay are reportedly in final talks to merge their loyalty and customer ID platforms, linking Seven & I’s 7iD system with PayPay’s user base to create a database of 100 million-plus members, according to Nikkei Asia. The deal is expected to be announced with a capital alliance, with SoftBank and PayPay each planning about ¥100 billion investments. No public confirmation yet.

According to Nikkei, PayPay and Seven & i Holdings are in final negotiations to integrate their customer data to combine loyalty programs. PayPay is backed by SoftBank Group. The report also says Seven & i is in talks to receive an investment from SoftBank Corp. and its affiliate PayPay.

SoftBank Corp and PayPay Corp are considering buying a stake worth several hundred billion yen in Seven & i Holdings, according to sources. The plan aims to expand their telecom and digital payment ecosystems. Sumitomo Mitsui Card may also join. Seven & i had about 22,000 Seven-Eleven stores in Japan and a market cap of 5.2 trillion yen.