This post was originally published on this site
Paidy’s Founder and Chairman Russell Cummer and President and Chief Executive Riku Sugie will continue to hold their roles at the company, PayPal (NASDAQ:PYPL) said.
The move comes weeks after Twitter Inc (NYSE:TWTR) co-founder Jack Dorsey’s Square Inc (NYSE:SQ) announced its plans to buy Australia-based BNPL firm Afterpay Ltd for $29 billion.
The Financial Times in August had reported that Paidy was considering to become a publicly listed company.
