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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...
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
Cashfree appoints ex-Visa finance head Sameer Gandhi as its new CFOBengaluru payments processor Cashfree has appointed Sameer Gandhi as its new Chief Financial Officer. Gandhi previously led finance at Visa...
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 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 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 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 partners with Amazon Pay Later to offer instant digital credit to shoppersThis follows the in-principle nod that the Naspers-backed fintech firm received from the RBI to operate as a payment aggregator, which allo...
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 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...
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 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...
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 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.
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 India sees revenue nearly double to Rs 588 crore in FY18Firm claims 50% market share in ecommerce payments on the back of scaling ops and LazyPay launch.
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 ...
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.