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PayU

https://corporate.payu.com/

Last activity: 02.10.2024

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Categories: AfricaTechB2CFinTechGrowthInternetInvestmentLocalMarketOnlineService

PayU uses its payments heritage and expertise to deliver financial services in emerging markets. Our local operations in Asia, Central and Eastern Europe, Latin America, the Middle East and Africa enable us to be experts in these countries and provide the best solutions for the local market.

PayU is the leading online payment service provider in 18 high growth markets, dedicated to creating a fast, simple and efficient payment process for merchants and buyers. Our 250+ payment methods and PCI certified platforms are designed to meet every consumer’s needs.

The markets in which PayU operates represent a potential consumer base of nearly 2.3 billion people and a huge growth potential for merchants. PayU has more than 1,800 payment specialists based in these local markets supporting PayU’s 300,000+ merchants and the millions of consumers making online payments.

PayU is the fintech and e-payments division of Prosus, a global consumer internet group and one of the largest technology investors in the world. Operating and investing on most continents in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the JSE Limited (XJSE:PRX), and is majority owned by Naspers.
For more information on Prosus and its companies and investments, please visit www.prosus.com.

Our values:

Openness
Integrity
Collaboration
Courage
Ownership

Join us: https://corporate.payu.com/job-board/

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143.3K

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121.1K /mo.

Mentions

Location: Netherlands, North Holland, Amsterdam

Employees: 1001-5000

Founders name: Ashish Kashyap

Founders Related Locations: India; India, Haryana, Gurugram

Mentions in press and media 29

Date	Title	Description
08.10.2024	CellPoint Digital: Navigating the Future of Payment Solutions	In the ever-evolving landscape of fintech, CellPoint Digital stands as a beacon of innovation. Recently, the company has made headlines with two significant developments: a strategic partnership with PayU GPO and key executive appointments....
02.10.2024	CellPoint Digital Partners with PayU GPO, a Payment Service Provider Specialising in Emerging Markets	Travel merchants working with CellPoint Digital can access PayU GPO's localised payment offerings and APMs, enhancing their regional expansion capabilities LONDON, Oct. 2, 2024 /PRNewswire/ -- CellPoint Digital, the leading provider of paym...
31.07.2023	Rapyd acquires a piece of PayU from Prosus for $610M to scale its fintech-as-a-service platform	Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services to companies like Uber and Ikea, is taking a significant step forward in its growth with a big acquisit...
09.05.2023	Prosus exploring divestments from PayU fintech arm	Prosus is exploring potential divestments from its emerging-markets fintech company PayU, according to people familiar with the matter. The investment firm is working with Bank of America as it gauges interest in PayU’s business outside Ind...
21.03.2022	Egypt based Fintech Lucky, a Provider of Credit Products, Secures $25M via Series A	Lucky, Egypt’s app for credit products, offers and cashback rewards, announced its completion of a $25 million funding round. The investment round, which is Egypt’s largest Fintech Series A round, has been led by Nclude by Global Ventures –...
18.08.2021	PayU and Red Dot Payment expand merchants' access to South East Asia through Visa and Mastercard acquiring licenses	SINGAPORE, Aug. 18, 2021 /PRNewswire/ -- PayU, the payments and fintech business of Prosus, today announces that its controlled company Red Dot Payment, a South East Asia focused online payment solutions provider, has received direct acquir...
17.08.2021	PayU Subsidiary Red Dot Payment Receives, Visa, Mastercard Licenses	PayU, this week announced its controlled company Red Dot Payment, a Southeast Asia-focused online payment solutions provider, has received direct acquiring licenses and connectivity to Visa and Mastercard. The expansion of PayU’s offering i...
22.07.2021	PayU Invests In Blockchain Firm, Launches New Stablecoin	wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /var/web/site/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-error) ...
22.07.2021	PayU Invests In Blockchain Firm, Launches New Stablecoin	wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /home/r8qkakm4wchc/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-er...
22.07.2021	PayU Invests In Blockchain Firm, Launches New Stablecoin	wp_booster error: td_api_base::get_key : a component with the ID: single_template_2 Key: show_featured_image_on_all_pages is not set. /home/r8qkakm4wchc/public_html/wp-content/plugins/td-composer/legacy/common/wp_booster/td_api.php (rara-er...
21.07.2021	PayU Invests In Blockchain-Based Payments With Celo and Launches New Stablecoin Option to 450,000 Merchants	One of the largest online payment service providers for emerging markets, PayU, has purchased CELO, and will also offer Celo stablecoins as a payment option for merchants, powered by First DAG PayU, the payments and fintech business of Pros...
02.06.2021	Prosus to acquire Stack Overflow for $1.8 Billion	Congratulations to Stack Overflow, founders Joel Spolsky and Jeff Atwood, CEO Prashanth Chandrasekar and team on the company's acquisition by Prosus for $1.8bn. A top 50 website globally, Stack Overflow is the go-to destination for develop...
23.11.2020	E-commerce, food delivery services bolster Naspers revenue	Bob van Dijk, group CEO, Prosus and Naspers. JSE-listed Internet group Naspers says it delivered good results for the six months ended 30 September, with e-commerce business revenue growing 69% year-on-year. Despite the effects of COVID-19,...
10.01.2020	Prosus’ PayU To Invest R2.8bn In A New Credit Business In India	PayU. Image source - Behance
11.06.2019	PayU Acquires iyzico, for $165M	PayU, the fintech and e-payments division of Naspers, acquired iyzico, a Turkey-based digital payments provider, in a deal worth $165m. The acquisition, subject to regulatory approval and expected to close in the next few months, will allow...
12.04.2019	Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo	PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the U.S. (Cuperti...
12.04.2019	PayU Buys Digital Payments Company Wibmo, for $70M	PayU, a Hoofddorp, The Netherlands-based online payment service provider and Naspers’ fintech arm, acquired Wibmo, a Cupertino, CA-based provider of digital payment security and mobile payment technologies, for $70m. The amount of the deal ...
15.03.2019	Pi Day wasn’t pleasant for a lot of tech execs	Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee Fixel, the low-f...
31.12.2017	Top Pacific Northwest startup funding rounds of 2017: Remitly, Rover, Vacasa lead the way	Remitly co-founders Josh Hug and Matt Oppenheimer. Plenty of Pacific Northwest startups raised big funding rounds this year to fuel their growth in 2017 and beyond. The largest round was a $115 million cash infusion for Remitly, which opera...
31.10.2017	Remitly set to raise massive $115M funding round led by Tencent and Flipkart backer Naspers	Remitly CEO Matt Oppenheimer. (Remitly Photo) Remitly has grown steadily over the past few years, operating a mobile remittance platform in 10 countries and expanding its footprint around the world. But now the Seattle-based company is read...
31.10.2017	Remitly Loads Up for Global Growth with $115M from PayU, Others	Share Share on Facebook Share on Twitter LinkedIn Email Reprints International money transfer business Remitly will add $115 million to its coffers through what would be the largest investment in a Seattle company in the last year. The inve...
10.05.2017	Term Sheet — Wednesday, May 10	POLITE AND HOSPITABLE New money: Obvious Ventures has officially closed its second fund with $191,919,191 million in commitments. (A filing from last month revealed a first close.) The firm’s first fund featured a numeric joke – it had $123...
05.10.2016	Payoneer raises $180 million for its global payments technology	Payoneer, a global provider of payment processing technologies, has added another $180 million to its already sizable war chest as it looks to continue to grow its payment services. Already profitable, and with a solid amount of cash on the...
28.09.2016	Computop and PayU Partner to Deliver Payment Solutions for Emerging Global Markets	Retailers are now Able to Effectively Conduct Online and Mobile Business Throughout Most of the World via Computop Paygate and PayU’s solution Bamberg and Amsterdam – September 28, 2016 – Computop, a leading payment service provider (PSP), ...
19.09.2016	Insider, a marketing platform for emerging markets, secures $2.2M to expand	Insider, a unified online marketing platform out of Turkey, has secured a $2.2 million Series A round of financing, bringing its total funding since launching in 2012 to $3.3 million. That may not sound a lot, but it’s a lot for the region ...
11.05.2016	Naspers Plants a Flag in U.S., with New Venture Group	Naspers, the 101-year-old, internet and entertainment group, is finally planting a flag in the U.S., establishing a Naspers Ventures unit that will operate largely out of San Francisco. The 30,000-person company, which is based in Cape Town...
10.12.2015	Government-led Coalition Invests $12.9m into Clean Energy Agtech Innovations for Emerging Markets	A coalition of national governments, aid agencies, corporations and private funding organizations last month awarded $12.9 million worth of grants to 13 clean energy innovations targeting emerging market agriculture. This is the second roun...
-	PayU Leads Another Round In Wealth Management Platform Fisdom	The wealth management platform Fisdom has raised $7 Mn in a fresh funding round led by payment gateway PayU. Quona Capital and Saama Capital also participated in this round. The company plans to use the funding for product development and c...
-	PayU Infuses $119 Mn In German Fintech Startup Kredtitech; Aims To Increase Credit Access In Emerging Markets	Hamburg-based technology group for digital consumer credit Kreditech has secured $119 Mn (Euro 110 Mn) from global online payment service provider PayU. With this move, PayU has acquired a significant minority stake in Kreditech, joining ex...

PayU

Mentions in press and media 29

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