India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
PayU
UK fintech Rapyd snaps up PayU GPO in $610m deal to boost global expansion
PayU says the sale will allow it to focus on “the huge fintech opportunity” in India.
PayU names Shiri Schneider as new chief technology officer
Schneider replaces Ronen Morecki, who has left the company to join Monday.com as VP of payments.
PayU taps Turkey’s digital economy with Iyzico acquisition
The company also hopes to encourage cross-border trade with CEE countries and Africa.
PayU acquires Wibmo for Indian mobile payments fun
It also has other high growth markets in sight.
PayU acquires ZOOZ to build cross-border payment platform
With aims to expand to high-growth markets.
PayU and Kreditech muscle into India’s lending market
Providing cardless equated monthly instalments (EMIs) to finance the online purchases of consumers in India.
PayU pioneers Mambu’s lending platform in Colombia
PayU Colombia has become the first payments services provider globally to implement Mambu’s Software-as-a-Service (SaaS) based core banking solution. It will support PayU’s new short-term deferred payment product.
Fintech funding round-up: 10 May 2017
Whether it’s blockchain, lending or core banking – everyone likes a bit of cash. Our latest funding round-up – featuring Coinsilium Group, Coindash, Kreditech, PayU and Finxact. Blockchain accelerator Coinsilium Group has completed its investment of $75,000 in Coindash, which is developing a social trading platform for cryptocurrency investors. Coinsilium will also receive an entitlement […]
PayU acquires India’s Citrus Pay for $130m
PayU has bought Citrus Pay for $130 million – the “largest ever M&A cash deal” in India’s fintech space. The deal is part of PayU’s growth plans and it claims its number of customers in India will grow to more than 30 million, processing a forecasted 150 million transactions in 2016 worth a combined $4.2 […]
