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PAYU OWNED LAZYPAY
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...- EV funding slows down; cloud kitchens chart a comebackFunding for India’s EV sector has nearly halved between 2022 and 2024. This and more in today’s ETtech Top 5.
- PayU eyes full stack digital commerce playDigital payments company PayU is looking to expand its consumer fintech offerings through LazyPay, while maintaining its core focus on merc...
- ET World Leaders Forum; PayU’s consumer payments pushHappy Monday! Top startup and tech leaders at the Economic Times World Leaders Forum said India is poised to become the hub of tech innovat...
- 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 ...
- 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...
- Timeline: Ban on quick-loan apps and its repeal – all in a weekFintech platform PayU’s buy-now-pay-later service LazyPay’s website was taken down following a notice from MeitY. Kissht, another lending p...
- ETtech Explainer: why are quick-loan apps under the government scanner?The Ministry of Electronics and Information Technology through its latest orders has banned a total of 232 apps. Some of these apps have Ch...
- MeitY ban on loan apps includes non-Chinese players like PayU’s LazyPay, KisshtA senior official at the IT ministry confirmed that there were loan apps without Chinese links which were also a part of the 230-app ban th...
- Prosus reports strong growth in Swiggy, Instamart, PayU in 2022The figures for Swiggy are from January to June, while PayU’s are from April to September; Prosus has also changed its accounting policy fo...
- Prosus may have saved $50-$100 million in BillDesk deal breakup feeA breakup fee is a predetermined penalty that a buyer typically pays if it walks away from a transaction. A long stop date is the date by w...
- Prepaid card issuances dry up for fintech firmsNew numbers dip to fraction of levels before RBI bar on credit links to PPIs.
- PayU's LazyPay launches credit product 'LazyCard' amid growing competition in BNPL spacePayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...
- PayU buys PaySense for an equity valuation of $185 millionOn the complete consummation of the deal over the next 24 months, PayU will have about 80% stake in the merged entity.
- $24 million funding takes Amica pre launch valuation to $70 millionA host of investors are banking on new age startups for bumper returns. The latest funding secured by Amica is backed by a list of institut...
- 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.
- 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 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.
- Anirban Mukherjee is PayU India CEOFintech major looks to double its loan book to about $2 billion.
- 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.
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