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US lawmakers seek $750 mln for Ukraine, rename Pentagon 'Department of War' in defense billThe US Senate Armed Services Committee has voted to extend security aid to Ukraine, allocating $750 million. This move signals continued co...- Pine Labs acquires ecommerce enabler Shopflo for Rs 88 croreDigital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aiming to strengthen its online merch...
- Kiwi cofounder Mohit Bedi steps down from executive role after four yearsIn a LinkedIn post on Saturday, Kiwi cofounder Mohit Bedi said he would shift focus to "personal and family” commitments while remaining cl...
- Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...
- 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...
- Visa’s Shailesh Paul set to take over as CEO of PayU-owned WibmoPayU-backed Wibmo, a provider of online payment security services, is set to appoint Shailesh Paul—an execuitve of Visa—as its new CEO. He ...
- 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 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...
- Prosus-owned PayU targets India IPO filing in February, hires bankersPayU has appointed Goldman Sachs, Morgan Stanley and Bank of America as advisors for the IPO, which it plans to list by the end of 2024. It...
- 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...
- Google-backed payments startup DotPe raises $54.4 million in funding led by TemasekThe new round comes after DotPe raised $27.5 million in funding in March 2021.
- Wealth-tech startup Fisdom bags $7 million led by PayUFisdom plans to use the capital raised for acquisitions and to widen its range of products
- PayU leads Rs 78 crore funding round in FisdomThrough this move, PayU is entering wealth and investments technology as it seeks to move beyond digital payments into broader financial se...
- 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.
- ZestMoney raises $13.4 million in a round led by XiaomiZestMoney will strengthen its technology and data science capabilities as well as expand use cases for the core ZestMoney Affordability Pro...
- PayU wants to give up PPI licences, consumer walletsCEO Amrish Rau said the company was not very keen on pushing forward its consumer-facing business.
- 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
- 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...
- 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...
- Online payment provider PayU to invest Rs 60 crore in branding and marketingPayU will spend about Rs 94 lakh per day on marketing followed by a second phase of the campaign with a new budget later this year.
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