Tagged: naspers

February 20, 2019 @ 7:31 am By Erin Hobey  |  

Naspers-owned PayU, an India-based online payments service provider, has appointed Anirban Mukherjee as its new Chief Executive Officer of PayU India. Mukherjee will report to PayU Global CEO Laurent Le Moal. As well as leading PayU’s Indian business, Mukherjee joins PayU’s global leadership team with… Read More

July 23, 2018 @ 8:12 am By JD Alois  |  

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

March 22, 2018 @ 2:00 pm By Samantha Hurst  |  

Global internet and entertainment group Naspers announced on Thursday it is planning to sell up to 190 million Tencent Holdings Limited (Tencent) shares, equal to approximately 2% of Tencent’s total issued share capital, which would reduce its stake in Tencent from 33,2% to 31,2%. The… Read More

May 25, 2017 @ 9:37 am By Jonathan Nieh  |  

Coins, a Philippines-based blockchain mobile payments platform that services Southeast Asia, announced it had secured US $5 million in funding from Naspers, according to an article on Techcrunch. Naspers, which is based in South Africa, is one of the world’s largest investors in tech. The… Read More

September 15, 2016 @ 5:04 am By Erin Hobey  |  

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

October 26, 2015 @ 1:21 pm By Samantha Hurst  |  

SimilarWeb, a website traffic and mobile app analytics, announced on Monday the closing of a $25 Million growth equity round led by Naspers (JSE:NPN), the global Internet and media group, and Investor Lord David Alliance. This round brings SimilarWeb’s total funding to $65 million. The additional… Read More