Seldom would anyone argue that now is not the time for a company to go public. Considering what is going on around the world, an IPO should be the last thing on any market participant's radar. Yet, with a backer like SoftBank (SFTBY) in its corner, payments system operator PayPay (PAYP) can breathe a bit easier. Seeking a valuation of about $13.4 billion, the Tokyo-based company is looking to raise about a billion dollars for its American listing. Founded in 2018 as a joint venture between SoftBank and Y ...