payu in A Sentence

    1

    Payu is a fintech company that provides payment technology to online merchants.

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    2

    Payu India has partnered with _____ to offer personal loans via LazyPay?

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    3

    After the acquisition, Payu is also decided to merge its lending business Lazypay with PaySense.

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    4

    On August 9, 2018, Payu India partnered with Reliance Money to offer personal loans via LazyPay.

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    5

    In addition, Payu has infuse up to $200 million in the combined entity as equity capital for future growth.

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    6

    It was all the more special that during the contest, our first-ever winner, CitrusPay(Winner- 2013), got acquired by Naspers-backed Payu.

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    7

    Payu, Fosun International, Info Edge and a few angel investors were expected to invest in $10 Mn equity financing round in DotPe.

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    8

    At a time when things had been going well for Payu India across divisions, the company had a major setback this year.

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    9

    While the three core team members have moved on, Payu's commitment to India and plans to grow the businesses haven't changed.

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    10

    Payu is a safe and secure payment gateway for making online payments and enjoys a success rate that is 10% higher than the industry average.

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    11

    Payu provides online payment services enabling fast, simple, and efficient payment process for merchants via LazyPay, allowing consumers to process multiple purchases at one go.

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    12

    With this transaction, Payu expands to the South-East Asia region and brings the total amount invested over the past three years in acquisitions and mergers to $ 700 million.

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    13

    On 12th April, 2019, Payu, Digital payments security and payment facilitator has acquired Wibmo, a US-based financial technology for USD 70 million(Rs 484 crore) to assist the company scale-up its business.

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    14

    With this acquisition, Payu expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A in the north of $700 million over the last three years.

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