PayU Press Room
Things are always happening at PayU. Our press room will keep you up to speed with all of the great things happening.
PayU, the payments and fintech business of Prosus, leads the USD 11 million financing round in FisdomPayU, the payments and fintech business of Prosus, today announced its investment in Fisdom, a high growth consumer wealthtech platform in India. PayU leads the fresh round of investment worth USD 11 million through the acquisition of a minority stake in the company. In addition to PayU, current investors Saama Capital and Quona Capital also participated in this round. This move marks PayU’s entry into a new segment, wealthtech, and demonstrates the company’s commitment towards investing into and building a broader fintech ecosystem in India around core payments and lending businesses.
PayU expands its operations to Southeast Asia and acquires majority stake in Singapore-based Red Dot PaymentPayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU’s commitment to becoming the leading payments solution provider in high-growth markets and one of the largest fintech investors in the world.