Prosus sells PayU’s global payments organisation business to Rapyd; to focus on India
In a move that will allow Prosus to widen its focus on India’s growing fintech market, the Netherlands-based company has decided to sell its payments arm PayU’s Global Payments Organisation (GPO) business to London headquartered fintech startup Rapyd in a $610 million deal. PayU’s GPO business provides ecommerce payments solutions for merchants in more than 30 countries across Latin America, Central and Eastern Europe and Africa.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
