PayU to sell its global payments business for $610 million in an all cash deal to Rapyd

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On Monday, Netherlands-based investment firm Prosus announced that its fintech arm, PayU, will sell a portion of its business to Israel’s Rapyd in an all-cash deal worth $610 million. The move is aimed at shifting PayU’s focus to the Indian market. Rapyd Acquires PayU Global Payments Organisation (GPO) As part of the deal, Rapyd, a […]

The post PayU to sell its global payments business for $610 million in an all cash deal to Rapyd appeared first on StartupNews.fyi.

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