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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...- 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...
- Setu strengthens top deck with senior execs from Razorpay, PhonePe, WibmoPine Labs-owned fintech appoints Anand Raisinghani as CEO, brings in former leaders from Razorpay, Clear, and PhonePe across key roles.
- Visa’s Shailesh Paul set to take over as CEO of PayU-owned WibmoPayU-backed Wibmo, a provider of online payment security services, is set to appoint Shailesh Paul—an execuitve of Visa—as its new CEO. He ...
- PayU appoints Axis Bank fraud risk head Pramod Rao as its new chief risk officerThe appointment comes at a time when PayU has been going through a leadership churn. Senior executives such as Vijay Agicha and Suresh Raja...
- 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 eyes full stack digital commerce playDigital payments company PayU is looking to expand its consumer fintech offerings through LazyPay, while maintaining its core focus on merc...
- Now autofill your UPI Lite wallet: You will soon get option to have auto debit mandate to maintain UPI Lite balanceUPI Lite: The Reserve Bank of India announced that now UPI Lite wallet is to be integrated with the e-mandate framework. This will help in ...
- PayU's Wibmo building full-stack payment gateway solutionsPayU-owned Wibmo is emerging as a key offering for Naspers-backed PayU which is looking to venture deeper into business payments and enter ...
- FirstCry to refile IPO papers; Lyskraft’s mega seed fundingHappy Friday! Omnichannel retailer FirstCry will refile its IPO papers following queries from Sebi. This came right on the back of Swiggy’s...
- ET Startup Awards 2023: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
- What is card tokenization, and how does it make online card payment safer and easier?Card tokenization is a process that replaces sensitive credit card information with a unique identifier or token. This token is used for al...
- RBI allows six entities to test fintech products to deal with financial frauds under sandbox schemeThe Reserve Bank announced the opening of the fourth cohort under the regulatory sandbox in June 2022 for the prevention and mitigation of ...
- 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...
- Wibmo strengthens leadership team with five new appointmentsWibmo has onboarded a strong group of leaders that bring extensive experience and expertise of working in and through periods of transforma...
- Lockdown: Online travel segment hit hard, digital payments biggest gainer, says reportAs banks remain practically out of bounds for account holders due to the lockdown, there has been a massive rise in digital transactions, p...
- CCI dismisses complaint against Naspers-owned PayU Payments, WibmoThe Competition Commission of India has dismissed allegations of unfair business practices against PayU Payments and Wibmo. It was alleged ...
- 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 in talks to buy WibmoNaspers-owned firm intends to own entire payment process through this acquisition; deal pegged at $60 m
- US payment solution company Wibmo buys MypoolinMypoolin had earlier secured funds from Accel Partners, which backs Wibmo, as part of the Indian government’s QPrize in 2015, along with Qu...
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