PayU has acquired payments technology platform ZOOZ, according to a release from the firm. The deal is described as supporting PayU’s ongoing expansion into high growth markets in cross border payments. Terms of the deal were not disclosed but PayU says its total sum of… Read More
Read more in: Fintech, Global | Tagged laurent le moal, naspers, oren levy, payments, payu, zooz
Kreditech, a Hamburg, Germany based Fintech company targeting the digital banking space, has received a €110 Million equity investment from PayU – a leading payments provider. The investment is the largest ever for a German Fintech firm. PayU has now acquired a significant minority stake in… Read More
Read more in: Fintech, Global | Tagged alexander graubner-müller', germany, kreditech, laas, laurent le moal, lending as a service, payments, payu, white label
The Gurgaon, India-based online payment service provider PayU has acquired its rival online payment gateway Citrus Pay. The deal was closed at $130M, making it by far the largest M&A cash deal in Indian fintech.Post completion, CitrusPay will be wholly owned by Naspers. Amrish Rau, an Citrus Pay MD, will become PayU India’s… Read More
Read more in: Fintech, General News, Global | Tagged amrish rau, citrus pay, india, jitendra gupta, laurent le moal, lazypay, naspers, nitin gupta, satyen kothari, sellfie, shailaz nag
On Tuesday, payment service provider, PayU, announced it conducted an analysis on ecommerce customs and fintech potential in Latin America, Central/Eastern Europe, India, and Africa at Money20/20 Europe. Findings that are featured in PayU’s report included: High growth of ecommerce in Africa. More than 65%… Read More
Read more in: General News | Tagged africa, asia, central europe, eastern europe, ecommerce, fintech, india, latin america, laurent le moal, mario shiliashki, payu, raj kamal
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