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...
20 Mar, 2025, 10.52 PM IST
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...
27 Dec, 2024, 11.33 AM IST
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 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.
29 Apr, 2024, 11.42 AM 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
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...
10 Oct, 2023, 04.46 PM IST
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...
03 Oct, 2023, 01.50 PM IST
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...
25 Aug, 2023, 12.06 PM 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
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 ...
12 Apr, 2019, 04.48 PM IST
PayU India hiving off lending business as a separate entityNew entity will house ‘buy now pay later’ product LazyPay.
17 Jan, 2019, 08.18 AM IST
Reserve Bank licence for PayU to open NBFC armWith PayU Credit, the company is looking to expand its suite of credit-focused offerings.
17 Sep, 2018, 12.03 PM IST
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...
15 Mar, 2018, 08.59 AM IST
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
11 May, 2017, 02.16 PM IST
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.
27 Apr, 2017, 09.03 AM IST
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...
25 Nov, 2016, 03.12 PM IST
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.
18 Jan, 2016, 07.08 PM IST