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NASPERS FINTECH
Bob van Dijk abruptly steps down as CEO of Prosus, parent NaspersProsus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...- Prosus agrees to sell part of PayU to Rapyd for $610 millionProsus NV plans to sell part of its emerging-markets financial technology company PayU to Israel’s Rapyd for $610 million.
- South African tech investor Naspers' profit slumps on lower Tencent contributionNASPERS-S.Africa tech investor Naspers' profit slumps on lower Tencent contribution
- Naspers-PayU, Tencent eye stake in Pine LabsWhile Pine Labs does not have a high cash burn, the additional capital raised will help it expand in the lending space.
- PayU, Fosun closing $10m round in DotPeAdditionally, a number of high-profile angel investors are also expected to pump money into the company.
- PayU in talks to buy consumer lending platform PaySenseThe startup counts venture capital firms Nexus Venture Partners and Jungle Ventures among its list of institutional investors.
- Fintech company PayU India names key leadership hiresThe company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership transition.
- PayU India to fill empty slots on topThe transition comes at a time when firm’s rivals are closing the gap.
- More exits at PayU India, founder Shailaz Nag quitsJitendra Gupta, another managing director who was heading the lending business of PayU India – LazyPay — also announced his departure last ...
- India continues to be a big growth driver for NaspersTerming FY19 as “transformational”, the company said almost all its revenue came from online activities.
- Naspers is said to eye fintech deals in $1 billion India pushNaspers is the largest shareholder has around $9 billion in cash after trimming its stake last year and selling Indian e-commerce startup F...
- PayU in talks to buy WibmoNaspers-owned firm intends to own entire payment process through this acquisition; deal pegged at $60 m
- Anirban Mukherjee is PayU India CEOFintech major looks to double its loan book to about $2 billion.
- PayU is in talks to invest $150 million in CapFloatFintech major looking for 25-30% in Capital Float in a deal that could value the latter at about $500 millon
- PayU India CEO gets a Naspers assignmentPayU India’s CEO Amrish Rau is transitioning into a broader role as the head of financial technology partnerships and investments for Naspe...
- PayU India brings more than half the overall business of parent companyNaspers’ payments business, which gets majority of its revenues from India, valued at $5.2 billion, as per a Citi report.
- Food delivery, fintech and classifieds in Naspers’ listNaspers will continue to bet on India, a market that has emerged as one of the most lucrative landscapes for the global strategic investor,...
- Naspers bullish on food delivery, classifieds, fintech: Bob van DijkNaspers recorded a $2.2 billion exit from Flipkart, India’s largest domestic online retailer, post the latter’s acquisition by Walmart earl...
- A company's 60,000% runup leads to one of the biggest VC payoffs everThe stake Naspers bought for just $32 million in 2001, when Tencent was an obscure Web firm in a nation where few people used the Internet,...
- Naspers lines up billions for tech investmentsNaspers has become one of the world’s largest investors in e-commerce ventures as it tries to build on the success of its early stage inves...
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