PayU buys PaySense for an equity valuation of $185 million
On the complete consummation of the deal over the next 24 months, PayU will have about 80% stake in the merged entity.
Verlinvest on board as anchor investor in Spring Capital
Verlinvest, which has largely made direct investments in India and counts companies ...
EpiFi scores $13 million in its seed round
Funding tap is open for a host of ventures Sequoia Capital, Ribbit Capital, others pitch in.
Meet the new breed of 'super angel' investors
AngelList and ET picked these individuals for the access they enjoy, follow-on rounds they have backed and the overall quality of these startups. ET spoke to these angel investors for providing another filter to the shortlist.
Shopmatic signs partnership with PayU
At present, Shopmatic allows shoppers to pay via UPI, eWallets, debit and credit cards, and net-banking. PayU will provide merchants with access to a powerful dashboard for managing all transactions and tracking business performance on the go.
Razorpay to hire 400 staffers by mid-2020
The company has expanded its leadership team by appointing Arpit Chug, a former chief financial officer of American Express, as its CFO.
PayU leads Rs 78 crore funding round in Fisdom
Through this move, PayU is entering wealth and investments technology as it seeks to move beyond digital payments into broader financial services.
PayU eyes MobiKwik’s payment gateway
MobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.
PayU, Fosun closing $10m round in DotPe
Additionally, a number of high-profile angel investors are also expected to pump money into the company.
PayU India launches multi-functional mobile app for merchants
Merchants can use the app to monitor their business performance and request for payments.
PayU in talks to buy consumer lending platform PaySense
The startup counts venture capital firms Nexus Venture Partners and Jungle Ventures among its list of institutional investors.
Flipkart puts $4 million in EasyRewardz
The investment, as per EasyRewardz executives, is part of an ongoing funding round that could also see the startup raise capital from others.
PayU India to fill empty slots on top
The transition comes at a time when firm’s rivals are closing the gap.
Fintech company PayU India names key leadership hires
The company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership transition.
PayU invests Rs 50 crore in its lending unit
PayU had hived off the lending entity as a separate company in January.
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