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We invest in people

Our investments are a partnership, working with the brightest minds in fintech innovation in high growth markets

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Innovation is at the heart of our business

We are always seeking opportunities to further innovation and increase global access to financial services

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One of the most active fintech investors worldwide

PayU makes smart investments and acquisitions to give customers access to products that best suit them

PayU is a leading investor in fintech

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PayU’s total sum of investments and acquisitions in global fintech to more than $350 million since it began a series of strategic moves across the globe in 2016 to open access to financial services and are always looking for opportunities to further innovation.

We build new business lines and innovative consumer products. Our investments are driven by our focus on developing new capabilities that better serve our customers, giving them access to products that best suit their local needs.

PayU is supported by our parent company, Naspers, one of the largest technology investors in the world.

Latest investments


On 23 July 2018, PayU announced the acquisition of leading payments technology platform ZOOZ for an undisclosed sum of money. The ZOOZ and PayU teams will work together to create the leading, global standard payments infrastructure of the future. As part of this vision they will build a comprehensive, modular, and highly flexible ‘Payment OS platform’ that can support evolving merchant and broader payment industry needs. 

PayU and ZOOZ have already had a successful partnership via the PayU Hub, which has allowed global merchants to connect via a single API to all 18 of PayU's high growth markets and 2.3 billion consumers. 
Press Release

Founded in 2010, ZOOZ envisions a new world of global commerce unlimited by borders, legacy systems and inefficiency. Built with next generation scalable technology, our platform enables merchants and PSPs to connect to numerous payment options around the world, gain insights through advanced analytics and leverage them to control and optimize their payments via a single smart platform. 

ZOOZ is a payments technology company that provides an open payments platform designed for merchants to connect to multiple payment providers, consolidate and harmonize their payments data, analyze it and make smarter data-based decisions. With the ability to intelligently route transactions through the entire payment process ZOOZ helps merchants reduce their fees and increase their revenue.

Learn more about ZOOZ


PayU announced an investment of USD 11.5mn in PaySense as part of a Series B round of $18 million in July of 2018. This second round of investments will help realize PayU’s vision of seamless credit access to all and demonstrates PayU’s strong commitment towards strengthening its credit play in untapped high-growth markets, like India, Poland, and LATAM and in turn, creating a strong powerhouse of Fintech services.
Press Release

PaySense, India’s fastest growing digital credit platform, announced their Series A funding of $5.3 million in May of 2017. The round, was led by Jungle Ventures with participation from Naspers Group and Nexus Venture Partners. The company had raised an earlier round of investment of $2.3 million led by Nexus Venture Partners and prominent global angels.

Founded in 2016, PaySense is a technology and data science company building new age financial products for Indian consumers. PaySense’s first product is a simple, fast and flexible credit platform that provides customers with a variety of credit options for their needs. PaySense EMI is a personalised line of credit similar to a personal loan that can be used to make any purchase, offline or online, instantaneously by putting it on an affordable EMI plan. PaySense offers flexibility in loan plans and repayment options that run over 3, 6, and 9 months and allows the customers to manage their cash flows better.

It is set-up and operated very easily and seamlessly using the Android app or website. One can use the full credit amount available at one time for a big purchase or flexibly use it like a string of multiple EMIs for various smaller purchases, as needed by the consumer. The credit approval of the consumer is instant and free.

Learn more about PaySense


Remitly, the largest independent digital remittance company in North America, raised $115 of Series D financing that was led by PayU. Existing Remitly investors Stripes Group, DFJ, and DN Capital also participated in the round. PayU is committed to growing its financial services proposition, by supporting the development of new capabilities and innovative consumer products that will better serve our clients. We believe that our investment in Remitly will support us in this commitment. PayU will be able to leverage its global network and local expertise, especially in markets like India, to help Remitly expand financial services through this substantial investment.
Press Release

Remitly is the largest independent digital remittance company headquartered in the United States, transferring nearly $4 billion in annualized volume from its customers in the United States, United Kingdom, and Canada to loved ones throughout the world. The company’s proprietary global transfer network includes its easy-to-use mobile app, which makes the process of sending money faster, easier, more transparent and less costly by eliminating the forms, codes, agents, extra time and fees typical of the traditional, century-old money transfer process. Remitly is backed by industry-leading investors, World Bank’s International Finance Corporation (IFC), Silicon Valley Bank, Stripes Group, DFJ, DN Capital, QED Investors, Trilogy Equity Partners, Bezos Expeditions, Founders’ Co-Op, and TomorrowVentures. The company is headquartered in Seattle, with additional offices in London, the Philippines, and Nicaragua.

Learn more about Remitly


PayU invested €110 million in Kreditech to develop its credit business in emerging markets (and support Kreditech’s expansion to new territories). This investment comes after a successful partnership and pilot in Poland.
Press release

Kreditech Group’s mission is to improve financial freedom for the underbanked with the use of technology. Combining non-traditional data sources and machine learning, the company is aiming to provide access to better credit and a higher convenience for digital banking services. The product offerings include consumer loans, a digital wallet and a personal finance manager designed to help customers manage their credit score and plan their spending. Kreditech also offers a “Lending as a Service” model, allowing partners to integrate Kreditech’s credit products via an API into their own platform and services.

Founded in 2012 and headquartered in Hamburg, Germany, Kreditech covers more than 5 markets worldwide, amongst others Russia, Mexico, Spain and Poland. Up until now, the company has processed more than four million loan applications through its subsidiaries. Kreditech’s team of more than 387 people is led by CEO and Co-Founder Alexander Graubner-Müller and is financially backed by world-class investors including PayU, J.C. Flowers, Peter Thiel, and the World Bank’s IFC.

Learn more about Kreditech

Zest Money

PayU, the global FinTech solutions provider announced an investment of USD 3.7 million in the Series A, out of a total $6.5mn funding round, shares of ZestMoney, at a fully diluted pre-money equity valuation of $12.0mn, corresponding to a 20.0% stake in ZestMoney.
Press release 

Founded in 2015, ZestMoney started operations in January 2016, after raising seed capital from Ribbit Capital and Omidyar. ZestMoney operates a B2B2C model where it partners with online merchants to offer consumer finance for online purchases with a ticket size ranging from $75-$1500 (INR 5k-100k) and flexible tenure of up to 24 months.

The company has shown impressive growth in just 10 months of operations, offering a simple & intuitive product, and is building a robust tech platform to drive credit. Given the untapped market potential of consumer credit, a compelling business model, and capable management team, ZestMoney is a solution to reckon in this space.

Learn more about ZestMoney


Online credit platform Creditas, announces the closing of a Series B investment round of R$60 million to accelerate the expansion of the asset backed credit in the country. The business plan includes the development of new channels for mass distribution and the reduction of the minimum interest rates of auto equity loans from 2.15% to 1.99% per month.

Creditas (ex-BankFacil) is a digital credit platform focused on secured loans, whose mission is to reduce high-interest expenses in Brazil. Based in São Paulo, Creditas has over 120 employees and uses technology and data intelligence to generate efficiency and reinvent the borrower’s experience. Its hybrid funding model allows it to originate loans using residences or vehicles as collaterals, utilising resources both from institutional investors and financial institutions. Creditas is supported by venture capital funds Redpoint eVentures, Kaszek Ventures, Quona Capital, QED Investors, IFC (World Bank Group), and Naspers Fintech.

Learn more about Creditas

Citrus Pay

PayU & Citrus Pay agree to a $130M landmark deal in Indian fintech. PayU, the global online payment service provider, announced that Citrus Pay, a leading Indian payments technology player, will become part of its Indian operation. PayU’s $130M transaction is the largest ever M&A cash deal in Indian fintech, demonstrating its payments and financial services expansion strategy.
Press Release

Citrus Payments is leading the revolution towards mobile and digital payments across all spheres of a consumer’s life. As India’s fastest growing fintech company, Citrus provides consumer payments and mobile banking services. It partners with the top airlines, utilities, marketplaces, and 9000 other merchants to enable seamless, secure payments for 21 million consumers. Citrus is known for introducing industry-first payment solutions such as contextual payments, P2P payments, 1-click checkout, wallet for cabs, consumer analytics, native mobile app payments etc. Few of the credible merchants associated with Citrus are Amazon, PVR, INOX, BookMyShow, ShopClues, Jet Airways, Indigo, GoAir, Faasos, Grofers, ZoomCar, Airtel, etc.

Citrus Payment’s leaders and MDs, Jitendra Gupta and Amrish Rau are at the forefront of driving digital transformations in the Indian financial services space.