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...
18 Sep, 2025, 06.01 AM IST
PayU’s chief investment officer Vijay Agicha quitsVijay Agicha, chief investment and transformation officer of PayU, has resigned. He may join an investment firm. His departure follows rece...
27 Dec, 2024, 11.33 AM IST
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...
22 Aug, 2024, 07.04 PM IST
PayU makes five new additions to board, Laurent Le Moal joins as non-independent directorPayU Payments strengthens corporate governance with new board members, including Renu Sud Karnad, IUHF president, and Laurent Le Moal. PayU...
28 Feb, 2024, 12.29 PM IST
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...
29 Nov, 2023, 05.11 PM IST
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 ...
16 Nov, 2023, 05.04 PM IST
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...
28 Aug, 2023, 06.00 AM IST
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...
25 Aug, 2023, 12.06 PM IST
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...
02 Aug, 2023, 12.52 AM IST
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...
23 Apr, 2020, 02.55 PM IST
PayU invests Rs 50 crore in its lending unitPayU had hived off the lending entity as a separate company in January.
01 Aug, 2019, 08.38 AM IST
PayU India’s Jitendra Gupta steps downPallav Jain, country head of PayU Finance, which was formerly known as LazyPay, is expected to take over from Gupta.
01 Jul, 2019, 09.30 AM IST
PayU India hiving off lending business as a separate entityNew entity will house ‘buy now pay later’ product LazyPay.
17 Jan, 2019, 08.18 AM IST
Reserve Bank licence for PayU to open NBFC armWith PayU Credit, the company is looking to expand its suite of credit-focused offerings.
17 Sep, 2018, 12.03 PM IST
Mswipe to run PayU's offline POS businessPayU had an offline merchant acquisition team and has so far acquired over 9,000 offline merchants in the country.
16 May, 2017, 10.35 AM IST
Naspers' PayU may invest in lending startup ZestMoneyThe ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...
08 Dec, 2016, 11.13 AM IST
PayU India brings on board Maneesh Goel as new CFOMost recently, he has served as the CEO of Den Snapdeal TV Shop, building a TV commerce business in 2014 and scaling it up to achieve the b...
25 Nov, 2016, 03.12 PM IST