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PAYU GLOBAL
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...
- 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 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 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 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.
- 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...
- Prosus-owned PayU targets India IPO filing in February, hires bankersPayU 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. It...
- 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...
- 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’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 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 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, Kreditech to offer cardless EMI option of Rs 1 lakh for online purchasesThe product, PayU Monedo, is already live on a few ecommerce sites in the beta phase, Alexander Graubner-Müller, chief executive of Kredite...
- 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
- 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 India brings on board Maneesh Goel as new CFOMost recently, he has served as the CEO of Den Snapdeal TV Shop, building a TV commerce business in 2014 and scaling it up to achieve the b...
- PayU appoints Laurent Le Moal as new global CEOLe Moal joins with an 11 year experience with PayPal and would be building the company’s position in growing markets around the world.
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