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PAYU RESULTS
Prosus broadening India remit to back firms at all stagesSpeaking to ET after Prosus reported its half-yearly earnings, its India ecosystem head Ashutosh Sharma said the investor has the ability t...
PayU India posts 20% revenue growth in H1 FY26 on payments and credit momentumPayU India reported a 20% revenue increase to $397 million, driven by its payments and credit businesses. Growth in value-added services an...
PayU India reports Rs 5,778 crore revenue in FY25; remains operationally lossmakingPayU India's payment division achieved breakeven in the second half of fiscal year 2025. Revenue grew due to deeper market penetration and ...
PayU’s new acquisition; X sues Indian governmentFintech firm PayU has backed a payments infrastructure company to bolster its presence in the sector. This and more in today's ETtech Top 5.
Prosus cuts Byju's valuation to under $3 billion; PayU India, Swiggy H1 financialsTechnology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...
PayU India H1 FY24 payments income rises to $211 million; fintech shutters LazyCard businessThe growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be...
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...
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...
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...
PayU India income rises to $399 million, revenue growth slowsEven as overall income saw a bump, PayU India’s revenue growth rate slowed from the 42% witnessed in FY22.
Prosus to explore divestments from fintech arm PayUProsus NV is exploring potential divestments from its emerging-markets financial technology company PayU, according to people familiar with...
RBI asks PayU India to reapply for payment aggregator licenceThe fintech firm’s complex corporate structure was one reason why RBI asked it to reapply
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...
IFC, PayU invest Rs 114 crore in Vayana Network to increase formal trade credit to MSMEsSCF in India is a $100 billion per month opportunity for financial institutions and 53% of organisations are underserved in terms of credit...
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 ...
With 47 per cent of total volume, India is gateway for PayUThis comes at a time when PayU is betting big on its India business which is set to turn profitable in the next two months, EThad reported ...
PayUbiz’s new tech 'One Tap' to enable faster ecommerce transactionsThe patent-pending technology allows customers to make online purchases without having to repeatedly key in card details, CVV numbers and o...