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 ...
PayU appoints Axis Bank fraud risk head Pramod Rao as its new chief risk officerThe appointment comes at a time when PayU has been going through a leadership churn. Senior executives such as Vijay Agicha and Suresh Raja...
PayU eyes full stack digital commerce playDigital payments company PayU is looking to expand its consumer fintech offerings through LazyPay, while maintaining its core focus on merc...
PayU partners with Amazon Pay Later to offer instant digital credit to shoppersThis follows the in-principle nod that the Naspers-backed fintech firm received from the RBI to operate as a payment aggregator, which allo...
PayU India FY24 consolidated revenue rises 22% to $1.1 billionProsus's fintech arm, PayU, reported a consolidated revenue increase of 22% in FY24, reaching $1.1 billion. This growth can be attributed t...
PayU India H1 FY24 payments income rises to $211 million; fintech shutters LazyCard businessThe growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be...
Expect PayU India to be IPO-ready by H2 2024: Prosus interim CEO“We are growing very well not only on payments but on the credit side too,” Ervin Tu said. In his view, the public markets in India are ver...
PayU eyes B2B pay, credit play under new top brassFrom being an early player offering online payments to internet companies back in 2011, to facing severe competition from new-age startups ...
Prashanth Ranganathan’s new venture in talks for $20-25 millionRanganathan, who left Prosus-owned PayU earlier this year, is currently on gardening leave. His new venture will likely be in the wealthtec...
ETtech Exclusive: PayU’s global CEO, CFO likely to quit after Prosus part-sells payments businessPayU India CEO Anirban Mukherjee is now slated to directly report to Prosus chief executive officer Bob Van Dijk and may take up additional...
PayU’s sharp focus on India could soon culminate in domestic public listingAs PayU exits other markets, it will focus on India, Turkey and South East Asia. For India, PayU wants to double down on the credit busines...
PayU Credit India makes two senior level hiresThe strategic hires come at a crucial time when the alternate lending company is focused on scaling up its business model and building a fu...
PayU buys PaySense for an equity valuation of $185 millionOn the complete consummation of the deal over the next 24 months, PayU will have about 80% stake in the merged entity.
Anirban Mukherjee is PayU India CEOFintech major looks to double its loan book to about $2 billion.
PayU India hiving off lending business as a separate entityNew entity will house ‘buy now pay later’ product LazyPay.
Reserve Bank licence for PayU to open NBFC armWith PayU Credit, the company is looking to expand its suite of credit-focused offerings.
Germany's Kreditech gets $120 million from PayU for India PlayKreditech gives long-duration, large-ticket loans to consumers with lower purchasing power and uses its own technology to underwrite loans.l