PYMNTS-MonitorEdge-May-2024

PayU

Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
January 10, 2020  |  News

In today’s top news, Grubhub denies claims that it is considering an acquisition, triggering a 6.7 percent drop in share prices, and Netherlands payments firm...

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PayU Buys Majority Stake In India FinTech PaySense
PayU Buys Majority Stake In India FinTech PaySense
January 10, 2020  |  Partnerships / Acquisitions

Netherlands payments firm PayU is acquiring a majority equity stake in PaySense, at a valuation of $185 million, with the intention of merging it with...

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New PayU Mobile App Gives Merchants Total Account Access
New PayU Mobile App Gives Merchants Total Account Access
September 10, 2019  |  International

PayU, a FinTech based in the Netherlands, has released an app for merchants in India that allows them to keep track of their businesses while...

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PayU Acquires Red Dot To Move Into SE Asia
PayU Acquires Red Dot To Move Into SE Asia
July 05, 2019  |  Partnerships / Acquisitions

Naspers-owned FinTech PayU is pushing into Southeast Asia with a deal to acquire a majority stake in Singapore-based Red Dot Payment. Naspers specializes in developing...

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PayU Acquires Wibmo To Grow India Business
PayU Acquires Wibmo To Grow India Business
April 12, 2019  |  Partnerships / Acquisitions

To help grow its business in India, Naspers-owned PayU has acquired U.S.-based Wibmo. The company is paying $70 million for the firm, which is based...

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PayU Buys ZOOZ, Boosting Its Investments To More Than $350M
PayU Buys ZOOZ, Boosting Its Investments To More Than $350M
July 23, 2018  |  Investments

PayU, the online payment company owned by Naspers, announced Monday (July 23) the acquisition of payments technology platform ZOOZ. In a press release, PayU said...

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Remitly Raises $115M Series D
Remitly Raises $115M Series D
November 01, 2017  |  Investments

Remitly, an independent digital remittance company, announced that it had agreed to raise up to $115 million in series D funding, according to Business Wire....

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Google’s Big Mobile Moves In India
Google’s Big Mobile Moves In India
July 13, 2017  |  Google

Over the last 18 months, India has moved full-speed ahead from a nearly entirely cash-based society to one with ambitions of being totally cashless. The...

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Today in Data: Rev The Launch Engines
Today in Data: Rev The Launch Engines
June 27, 2017  |  Today In Data

In the tech world, launches are happening every day. From product releases to new companies and merger announcements, improvements are constantly being offered to enhance...

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