Prominent online payment service provider PayU is expanding into four new markets; Costa Rica, El Salvador, Guatemala, and Honduras.
Remittance fintech Remitly has announced it has raised $85 million in equity at a $1.5 billion valuation, an up round...
Digital asset services fintech Bakkt has raised a $300mn series B from Microsoft’s venture capital arm M12 and fintech PayU;...
Over the last couple of years we have seen something of a converge between payments and credit businesses. We have...
[Editor’s note: This is a guest post from David Lin, Head of Credit at PayU. David is an experienced FinTech risk executive...
Digitalization has brought retail home, despite products being overseas. PayU sees opportunity for payments to meet consumers there too.
Rapyd, a global Fintech as a Service company, has entered the Indian market with partners including Paytm, PhonePe, PayU, Citibank,...
PayU is a largest payments processor in India and it is continuing its moves into lending in that country with...
David Lin, Head of Credit at PayU gives his take on expanding credit and how this looks in practice with their investment in Kreditech. Source
According to Banking Technology, PayU will be implementing Mambu's software-as-a-service based core banking platform; the software will support PayU's short-term deferred payment product; Mambu now has 26 clients which it supports from its Miami office; PayU is currently running a pilot in Colombia but it is expected to roll out services across Latin America. Source