TOKYO -- Google is making a foray into financial services in Japan by acquiring a cashless payment company for between 20 billion and 30 billion yen ($180 million to $270 million), Nikkei has learned.
Google is in negotiations to buy all the shares in pring, a Tokyo-based cashless payment and settlement startup owned by Mizuho Bank and other investors. Google hopes to be able to offer fintech services, such as payments and transfers, in Japan next year, following launches in the U.S. and India.
