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...
24 Jun, 2024, 11.33 PM 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 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...
29 Nov, 2023, 05.42 PM IST
Bob van Dijk abruptly steps down as CEO of Prosus, parent NaspersProsus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...
19 Sep, 2023, 12.06 AM IST
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...
02 Aug, 2023, 12.52 AM IST
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...
10 May, 2023, 11.12 AM IST
Exclusive | 150 staffers lose jobs as PayU lays off 6% of its workforceA person aware of the matter said the layoffs are spread across various teams and mainly impacted PayU India’s unit, Wibmo, a digital payme...
26 Dec, 2022, 09.04 AM IST
Former Nykaa CFO Arvind Agarwal to take over as chief financial officer of PayU IndiaConfirming the development, a PayU spokesperson said: “We are excited to welcome Arvind to our leadership team at this opportune time with ...
25 Nov, 2022, 07.19 PM IST
PayU calls off $4.7 bn acquisition of BillDeskProsus, the global investment arm of South African multinational Nasper, had on August 31 last year announced acquisition of BillDesk in an...
04 Oct, 2022, 12.47 AM IST
Google-backed payments startup DotPe raises $54.4 million in funding led by TemasekThe new round comes after DotPe raised $27.5 million in funding in March 2021.
16 Sep, 2022, 01.35 PM IST
Prosus says Indian portfolio firms Swiggy, Byju’s saw strong growth in FY22“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...
27 Jun, 2022, 09.36 PM IST
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 ...
07 Feb, 2020, 08.04 AM IST
PayU India to fill empty slots on topThe transition comes at a time when firm’s rivals are closing the gap.
16 Jul, 2019, 09.37 AM IST
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.
01 Jul, 2019, 09.30 AM IST
Anirban Mukherjee is PayU India CEOFintech major looks to double its loan book to about $2 billion.
20 Feb, 2019, 11.27 AM IST
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
19 Feb, 2019, 08.29 AM IST
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.
29 May, 2017, 10.56 AM IST