PayU buys PaySense at a valuation of $185 million
Nexus Venture Partners-backed PaySense will be merged with PayU’s consumer lending business LazyPay.
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Fintech: Fast and furious
Fintech companies in India are not just competing with banks and e-commerce players but also collaborating with them to fulfil each other’s needs, keeping the sector abuzz with investment.
Into the Indian fintech endgame
As we approach the possible endgame in the current wave of technology change, watch out for interoperability in payments, SaaS, technology debt, and user experience.
Global fintech adoption rate grows to 64% in 2019: EY
In India and Russia, 99.5% of respondents were aware of fintech services which can be used to transfer money and make payments.
PayU buys Wibmo for $70 million
PayU and Wibmo will run separate operations though the teams at both companies will join hands to offer unique business solutions to their customers.
PayU: Move over cash, credit is king
PayU is betting on micro-credit after the Naspers-backed company shut down its digital wallet service.
PayU gets RBI nod to operate as NBFC
This will boost PayU’s consumer credit business.
Xiaomi leads funding round in ZestMoney
It’s the second fintech investment by Xiaomi in less than a year.
We would like to keep investing in emerging fintech cos: PayU
Amrish Rau of PayU talks about the digital payments company’s credit business and their intention to invest in the fintech ecosystem in India.
