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PAYU PAYMENTS
Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...- 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...
- You can now recharge your phone directly on WhatsApp: Here's howWhatsApp is now letting users recharge mobile prepaid numbers directly within the app in India. This new feature, powered by PayU, is rolli...
- Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
- 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...
- Cashfree appoints ex-Visa finance head Sameer Gandhi as its new CFOBengaluru payments processor Cashfree has appointed Sameer Gandhi as its new Chief Financial Officer. Gandhi previously led finance at Visa...
- Fintech firm PayU Payments' loss narrows to Rs 248 crore in FY25Fintech firm PayU Payments has reported a narrowing of loss to Rs 248 crore in the financial year 2024-25, according to a regulatory docume...
- PayU receives RBI’s in-principle nod to operate as a payment aggregatorIn 2022, the central bank had banned payment aggregators, including PayU, and restricted them from onboarding new merchants to its platform.
- 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...
- 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 ...
- PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crorePayU had reported Rs 1,415.67 crore in consolidated revenues for the fiscal year ending March 31, 2021 (FY21). It had also reported net los...
- PayU makes two key appointments to fortify Indian leadership teamSehgal has more than 20 years of experience across product and portfolio management, brand management, underwriting, sales, and distributio...
- CCI dismisses complaint against Naspers-owned PayU Payments, WibmoThe Competition Commission of India has dismissed allegations of unfair business practices against PayU Payments and Wibmo. It was alleged ...
- PayU eyes MobiKwik’s payment gatewayMobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
- PayU invests Rs 50 crore in its lending unitPayU had hived off the lending entity as a separate company in January.
- 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 ...
- PayU acquires digital financial security firm Wibmo for $70 millionWith this, PayU's fintech investment has crossed the $500 million mark, the company said, adding the investment has helped it reach within ...
- PayU India hiving off lending business as a separate entityNew entity will house ‘buy now pay later’ product LazyPay.
- Use of social media for commerce is on the rise: B Amrish Rau, CEO, PayU IndiaThe digital payments industry in India is expected to be $500 billion by 2020, according to a Google-BCG study.
- Citrus gives up wallet licence following PayU acquisitionThe company's cofounder and now PayU India CEO Amrish Rau said that its customers will be migrated to the PayU Money wallet.
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