| Date | Title | Description |
| 11.11.2024 | Equal raises $10M in Series A funding round at $80M valuation | Identity and data-sharing platform Equal has raised $10 million in a Series A round led by PayU investor Prosus Ventures, Zupee-backer Tomales Bay Capital, and founder Keshav Reddy.
Blume Ventures, DST Global, Quona VC, and notable industry... |
| 29.10.2024 | Auto Simple Expands with Quality Pre-Owned Hyundai Sonata Inventory | In the bustling world of pre-owned vehicles, Auto Simple stands as a beacon of reliability. The dealership, known for its commitment to quality, has recently expanded its inventory to include top-notch pre-owned Hyundai Sonata sedans. This ... |
| 29.10.2024 | Edu-wealth startup Zinc raises $25.5 million from Nexus Venture Partners, others | ETtech
Edu-wealth startup Zinc, founded by former PayU Credit chief executive and PaySense founder Prashanth Ranganathan has raised $25.5 million in seed funding.
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ZincNexus Venture Partnersseed fundingQuona Capitalteam zin... |
| 23.10.2024 | БРИКС просчитывает свою платежную инфраструктуру | - |
| 05.09.2024 | Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
$572 Million Lost to Hacks and Fraud in Q2 -Immunefi | BCB Group has received a takeover approach from an investor.
The approach came while the crypto payments firm was exploring a series B funding round.
The business is not formally up for sale and there are no ongoing negotiations, one source... |
| 01.09.2024 | Mastercard решила отказаться от паролей и кодов подтверждения и перейти на биометрическую аутентификацию | Платёжная система Mastercard намерена отказаться от использования паролей и кодов подтверждения при онлайн-покупках и перейти на биометрическую аутентификацию. Сделать это планируется к 2030 году, сообщает Bloomberg со ссылкой на гендиректо... |
| 31.08.2024 | The Future of Online Shopping: Mastercard's Bold Move to Eliminate Card Numbers | In a world where online shopping is as common as morning coffee, security is paramount. Mastercard is stepping up to the plate, swinging for the fences. The company aims to eliminate credit card numbers from online transactions. This bold m... |
| 31.08.2024 | Mastercard keen to get rid of card numbers for online shopping | Mastercard Inc. is expanding its efforts to eliminate the use of credit card numbers when customers make purchases online in a bid to fight fraud.
A decade after it first unveiled a technology that replaces consumers’ card numbers with so-c... |
| 30.08.2024 | PayU Partners Mastercard To Offer Cross-Border Issuer Authentication Solutions To Merchants | SUMMARY
Prosus-backed digital payments giant PayU has now launched new solutions on subscription multiplier to help merchants with cross border support and issuer authentication solution
These solutions aim to streamline and secure internat... |
| 30.08.2024 | Plan to get rid of card numbers for online shopping | Mastercard is doubling down on efforts to eliminate the use of credit card numbers when customers make purchases online in a bid to fight fraud.
A decade after it first unveiled a technology that replaces consumers’ card numbers with so-cal... |
| 29.08.2024 | PayU Unveils Push Provisioning Platform To Enable Seamless Card Tokenisation Between Banks & Merchants | SUMMARY
The platform allows customers to tokenise their credit and debit cards for multiple merchants and outlets directly through their bank’s portal
In the lead-up to its IPO, the company has made a slew of announcements this year — inclu... |
| 01.08.2024 | Vayana Network Secures $20 Million in Series D Funding: A New Chapter in Trade Financing | In the bustling world of trade financing, Vayana Network has emerged as a significant player. The Pune-based startup recently completed its Series D funding round, raising approximately $20.5 million (Rs 170.8 crore). This marks a pivotal m... |
| 31.07.2024 | PayU-backed Vayana Network raised $20 M Series D funding | Startup providing trade financing Vayana Network has completed its Series D funding round, raising Rs 170.8 crore (roughly $20.5 million). The Pune-based company is making its first investment round of 2024 with this round.
Vayana Network’s... |
| 24.06.2024 | PayU India Posts $444 Mn Revenue In FY24, Growth Slows To 11% Due To Restrictions | SUMMARY
The growth in PayU India’s revenue in FY24 was lower than the 31% in FY23 due to the embargo on onboarding new merchants
PayU attributed the growth in the revenue of India business to rise in volumes from its existing merchant user ... |
| 24.06.2024 | Naspers profit doubles on Tencent, e-commerce | Naspers said on Monday its full-year earnings more than doubled, buoyed by improved performance of its e-commerce businesses and contribution from China’s Tencent, which accounts for the bulk of earnings and revenues.
The technology investo... |
| 27.05.2024 | Prosus’ New Chief On Synergies Between Swiggy, Germany’s Delivery Hero | SUMMARY
Prosus’ new CEO Fabricio Bloisi said the investment giant is open to exploring collaboration opportunities between the two food delivery giants
He also believes that Swiggy’s experience with Instamart and quick commerce in India can... |
| 15.05.2024 | Gold loan platform 360 One Large Value Fund invested Rs 50 crore in Rupeek | Online platform for gold loans 360 One Large Value Fund (formerly IIFL Wealth Management) has contributed Rs 50 crore to Rupeek. It’s noteworthy that in the latest round, the company’s valuation fell by 60%.
In order to raise Rs 50 crore, t... |
| 26.04.2024 | Wibmo’s Payment Gateway Solution To Aid Digital Distribution Of Banks, Financial Firms | SUMMARY
PayU-owned Wibmo has created a tokenisation solution, which enables consumers to check out from ecommerce sites
Additionally, Wibmo has launched a prepaid issuance platform for both physical and virtual cards
This comes at a time wh... |
| 04.03.2024 | Payment as a Service Market Size Reach USD 53.6 Billion Growing at a CAGR of 21.4% by 2031 | Payment as a Service Market
Surge in smartphone penetration, incorporation of online payment services, increase in e-commerce sales & rise in reliance on cloud technologies drive market.
PORTLAND, PORTLAND, OR, UNITED STATE, March 4, 20... |
| 20.04.2022 | PayU doubles down on LatAm fintech, acquires Ding and leads $46M investment in ‘superapp’ Treinta in Colombia | PayU, the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its presence in Latin America. The company has acquired Ding,... |
| 30.08.2021 | Prosus acquires Indian payments giant BillDesk for $4.7B, will merge with its PayU fintech group | More major consolidation underway in the world of payments: Prosus — the Dutch tech giant that bundles together Naspers’ fintech, e-commerce and other international investments and businesses outside of South Africa (including a big stake i... |
| 29.07.2020 | Remitly raises $85M at a $1.5B valuation, says money transfer business has surged | Remittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important levers for getting funds to people in developing economies.
However, the persistent spread of the coronavi... |
| 09.04.2020 | [Funding alert] Former PayU India MD Jitendra Gupta’s digital banking startup Jupiter raises $2M | Former PayU India managing director Jitendra Gupta’s digital banking startup, Jupiter, owned by Amica Financial Technologies, has raised an additional $2 million in a top-up funding round led by British venture capital firm Hummingbird Vent... |
| 06.02.2020 | [Funding alert] PayU India co-founder Shailaz Nag’s startup Dot raises $8M in seed round | PayU India co-founder Shailaz Nag's new startup, Dot, on Thursday announced it has raised an initial seed funding of around $8 million, led by PayU and Fosun RZ Capital.
The round also saw participation from Info Edge Ventures and other wel... |
| 30.10.2019 | PayU picks up minority stake in Fisdom, leads $11 mn financing round | Representative Image
PayU, the payments and fintech business of Prosus, on Wednesday said it has led a $11-million (about Rs 78 crore) financing round in Fisdom, a wealth-tech platform.
PayU leads the fresh round of investment worth $11 mil... |
| 16.06.2019 | PayU launches operations in Kenya to expand payment services in East Africa | Share this:
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| 12.04.2019 | Naspers’ PayU acquires payment and security firm Wibmo for $70 million | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Online payment service PayU has acquired California-based payment and security firm Wibmo for $70 million. The firms said they will con... |
| 12.04.2019 | Naspers’ PayU acquires payment and security firm Wibmo for $70 million | Online payment service PayU has acquired California-based payment and security firm Wibmo for $70 million. The firms said they will continue to run separately, though they will work together to build unique solutions.
PayU, a subsidiary of ... |
| 23.07.2018 | PayU Buys Israeli Payment Technology Provider ZOOZ | PayU, a Hoofddorp, The Netherlands-based online payment service provider, acquired ZOOZ, an Israeli payments technology platform.
The amount of the deal was not disclosed.
The deal, which brings PayU’s total sum of investments and acquisiti... |
| 22.07.2018 | PayU acquires Zooz to take on international payment services | A week after PayPal led a $50 million round in the cross-border payment specialist PPRO, one of its big competitors in the developing world has announced an acquisition of its own in the same space. PayU — the payments division of Naspers t... |
| 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), ... |
| 17.09.2016 | M&A roundup - week ending 9/17/16 | Glooko merged with Diasend; Salesforce bought gravitytank; Concur acquire Hipmunk
Diabetes monitoring platform Glooko merged with competitor Diasend . No financial terms of the deal were disclosed.
The newly merged companies will continue t... |
| 14.09.2016 | Naspers’ PayU buys Citrus Pay for $130M in cash to expand in India | Hundreds of millions of dollars of investment have been put into commerce startups in the fast-growing market of India, from marketplaces like Flipkart and Snapdeal through to payment startups like PayTM. Now one of the more interesting of ... |
| 25.04.2016 | Indian digital payments company TranServ gets $15M to launch new financial products | TranServ, one of several companies digitizing payments in India, said today that it has secured a Series C of $15 million to develop new financial products. The round was led by IDFC Spice Fund and Micromax Informatics. Returning investors ... |
| 18.12.2015 | Turkish PSP PayU grows 40-80% in each market | PayU, a payment service provider in Turkey, will close this year with a growth of 40 to 80 percent in each of its markets. This success is due to an emerging middle class, the rise of mobile technology and evolving ecommerce environments in... |
| 21.07.2015 | South Africa's Internet Giant Leads $4 Million Raise for BitX | Multinational bitcoin platform BitX has raised $4m in a round led by South Africa's third largest company, the Naspers Group.
The investment, announced today, was made via the Internet giant's global payments subsidiary, PayU, alongside Bar... |