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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...- 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...
- 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...
- 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...
- PayU invests $5M in BRISKPE to boost cross-border payments ecosystem for MSME merchantsThis investment underscores the importance of seamless international payments as part of PayU India’s strategy.
- 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...
- Anirban Mukherjee appointed PayU CEO as Le Moal steps backWith the elevation of Mukherjee, his predecessor Laurent Le Moal, who has been the global CEO of PayU since 2016, will step back from opera...
- 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 India’s head of fintech investments Amrish Rau steps downIn a series of tweets on the popular microblogging platform, Rau said it was “time to have another new experience,” without disclosing his ...
- PayU invests Rs 50 crore in its lending unitPayU had hived off the lending entity as a separate company in January.
- 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 is in talks to invest $150 million in CapFloatFintech major looking for 25-30% in Capital Float in a deal that could value the latter at about $500 millon
- 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.
- PayU India wants $100-million in its wallet this fiscalPayU India reported revenue of about $61 million for the financial year ended March 31, 2017 according to filings submitted by the company.
- 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.
- 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
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