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PayU India has achieved a financial turnaround and is on track for full profitability by FY27, says group CFOPayU Group CFO Arvind Agarwal discusses the company’s turnaround in H1 FY26, citing a 20% revenue jump and EBITDA breakeven. He outlines th...
PayU India posts 20% revenue growth in H1 FY26 on payments and credit momentumPayU India reported a 20% revenue increase to $397 million, driven by its payments and credit businesses. Growth in value-added services an...
ETtech In-depth: Regulatory changes may raise payment firms’ operating costs, shrink revenue streamsA double whammy of regulatory shifts — the real money gaming (RMG) ban and new central bank norms for payment aggregators — is set to resha...
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let’s take a look.
Fintech feels RMG burn; Urban Company's D-Street debutHappy Thursday! The new gaming legislation is expected to hurt the business of payment aggregators. This and more in today's ETtech Morning...
PayU raises stake in Mindgate to 70% as valuation hits $300 millionThe acquisition valued Mindgate at around $300 million, people aware of the development said. This is the second fund infusion from PayU in...
PayU India reports Rs 5,778 crore revenue in FY25; remains operationally lossmakingPayU India's payment division achieved breakeven in the second half of fiscal year 2025. Revenue grew due to deeper market penetration and ...
Meesho completes India flip; PayU's mixed FY25Meesho has completed its reverse flip from the US to India. This and more in today’s ETtech Top 5.
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
RuPay's revenue setback; PayU bets on MindgateHappy Friday! The digital payments industry faces challenges following the government's changes to RuPay subsidies. This and more in today’...
PayU picks up 43% stake in payments solutions firm Mindgate valuing it at $250 millionSources told ETtech that PayU will acquire the Mumbai-based Mindgate Solutions fully over the next three years. The payouts to Mindgate wil...
PayU’s new acquisition; X sues Indian governmentFintech firm PayU has backed a payments infrastructure company to bolster its presence in the sector. This and more in today's ETtech Top 5.
UPI-RuPay credit card: You can leave it home but still use it to pay at physical storesWith the introduction of adding RuPay credit card on BHIM UPI, customers (having UPI account on an app in their smartphone) can scan QR cod...
RuPay credit card can’t be used on UPI for these 3 important paymentsThe process of linking a RuPay credit card with the UPI is similar to the way a user links a savings bank account or debit card to UPI. At ...
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ACI Worldwide invests in digital payments solutions provider Mindgate SolutionsAs part of this investment, ACI and Mindgate will deliver a joint real-time payments solution that will combine ACI’s Universal Payments so...