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...
20 Apr, 2026, 11.20 AM IST
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...
18 Apr, 2026, 01.00 PM IST
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...
13 Apr, 2026, 03.46 PM IST
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...
13 Jan, 2026, 08.54 PM IST
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 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.
24 Apr, 2024, 08.46 AM 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
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
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...
28 Oct, 2022, 05.56 PM IST
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...
27 Feb, 2020, 10.35 AM IST
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 ...
31 Jan, 2020, 10.05 PM IST
PayU eyes MobiKwik’s payment gatewayMobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
22 Oct, 2019, 08.52 AM IST
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 ...
11 Jul, 2019, 08.46 AM IST
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 ...
12 Apr, 2019, 04.48 PM 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
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.
06 Jul, 2017, 03.54 PM IST
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.
27 Apr, 2017, 09.03 AM IST