Global online payment service provider PayU announced on Friday it is merging consumer lending business LazyPay and digital credit platform PaySense to build a full-stack digital lending platform in India. PayU reported it will acquire a controlling stake in PaySense and all its assets at… Read More
Read more in: Fintech | Tagged digital credit, lazypay, merger, online payments, paysense, payu
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
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