PayU, an online payments solutions provider has reportedly laid off almost 150 employees from the company. PayU spokesperson told IANS: "As we stay focused on our vision of creating a full-stack digital financial services ecosystem in India, it's important to ensure PayU has the right structure and resources in place and is nimble enough to respond to a fast-evolving fintech …
Prosus NV, which owns PayU and is the global investment arm of South African multinational Nasper, on Monday said it has terminated a $4.7-billion deal to acquire Indian payments firm BillDesk. Prosus had in August 2021 announced the acquisition of BillDesk in an all-cash deal to expand its footprint in India’s fintech sector under the umbrella of its payment gateway …
