Page 2 - Payu

CCI clears Prosus-backed PayU's $4.7-bn acquisition of BillDesk

The deal is slated to become the second largest acquisition in the Indian digital space, after Walmart's $16-bn buyout of e-commerce behemoth Flipkart in 2018

$4.7-bn BillDesk deal: Prosus-backed PayU gets show-cause notice from CCI

Changes to deal structure possible, say experts

Mastercard enables 200,000 merchants for card-on-file tokenisation

Mastercard said it worked with 45,000 merchants, 34 issuing banks, 10 acquiring banks, and 30-plus token requestors (including all major payment aggregators) to create 90 million tokens

IFC, PayU invest Rs 114 cr in Vayana Network to boost trade credit to MSMEs

Vayana Network as part of its Series C round had already raised Rs 283 crore from new and existing investors

LazyPay joins cards bandwagon, targets 1 million customers this year

The BNPL platform said it is on track to grow three-fold in monthly disbursals to Rs 300 crore in January on a year on year basis.

PayU launches 'PayU Token Hub' to help businesses comply with RBI norms

Solution has been built by PayU and Wibmo, a PayU-owned full stack global PayTech firm, in partnership with major card networks such as Visa and MasterCard, and top issuing banks

Newsmakers: Meet BillDesk founders MN Srinivasu, A Kaushal & K Ganapathy

In a span of a day M N Srinivasu (Vasu), Ajay Kaushal and Karthik Ganapathy have become the latest demi-gods of Indian entrepreneurial story

We will be more active in fintech ecosystem: PayU's Anirban Mukherjee

'We want to build a platform that can be used by others as well', said Mukherjee

PayU aims to provide full-stack financial services to its customers

So far, the company has disbursed about $300 million in credit and it now wants to add new products

PayU acquires BillDesk for $4.7 bn in one of largest Indian fintech deals

The latest deal is happening when the Indian payments segment is seeing huge traction

Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for $4.7 bn

Business Standard brings you the top stories this evening

indiagold to raise $12 mn in funding round led by PayU, AWI Fund

Launched in 2020, indiagold offers gold-backed loans, gold savings, and gold locker services to over a million consumers in India

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

Media reports have said Paytm, which will soon come up with its initial public offering (IPO), is also evaluating BillDesk

DotPe raises about Rs 200 crore from PayU, Google, Info Edge Ventures

IT startup DotPe on Friday said it has raised around Rs 200 crore in a funding round led by Naspers firm PayU along with participation from Google and Info Edge ventures

PayU buys PaySense for $185 mn in India's largest fintech acquisition deal

As part of the deal, PaySense founder Prashanth Ranganathan will lead PayU's credit business in India as the CEO of the new entity

Leverage Edu raises $1.5 million from DSG Consumer, Blume Ventures

The consulting and career start-up helps students get admission into foreign universities

PayU picks up minority stake in Fisdom, leads Rs 78-crore financing round

With this investment, PayU is one step closer to offering payments, lending, and wealthtech services in a single stack

Nasper's payment service PayU buys Govind Setlur's Wibmo for Rs 483 cr

The acquisition takes PayU's fintech investment past the $500 million mark

Naspers' PayU invests €110 mn in German fintech firm Kreditech

Deal will help PayU develop its credit portfolio in India and other high-growth markets

PayU plans Digibank, aims for $100 million revenue by March 2018

He said that the company will not require to set up a brick and mortar structure for the Digibank