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US lawmakers seek $750 mln for Ukraine, rename Pentagon 'Department of War' in defense billThe US Senate Armed Services Committee has voted to extend security aid to Ukraine, allocating $750 million. This move signals continued co...- 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...
- 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...
- 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’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 India FY24 consolidated revenue rises 22% to $1.1 billionProsus's fintech arm, PayU, reported a consolidated revenue increase of 22% in FY24, reaching $1.1 billion. This growth can be attributed t...
- 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 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 ...
- Prosus-owned PayU targets Feb for India IPO filing, hires bankers: ReportPayU has appointed Goldman Sachs, Morgan Stanley and Bank of America as advisors for the IPO, which it plans to list by the end of 2024, th...
- 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...
- 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.
- 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 Money wallet to shut, co to focus on credit playHaving bought out Citrus Pay in 2016, PayU India ended with two e-wallet entities, after the acquisition.
- 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 ...
- 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.
- PayU launches deferral payment option LazyPay on select merchantsThe product is aimed at making checkouts faster and reduce friction of online payments.
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