Early stage fund, Axilor Ventures, bets on new opportunities around Fintech; signs up PayU India as the industry partner for its Accelerator Program. Axilor has recently announced doubling the intake for its Summer ’17 Accelerator Program. Fintech is one of the five focus areas for the cohort in …
Tag: Jitendra Gupta
PayU & Citrus Pay agree to a $130m landmark deal in Indian fintech
United under PayU brand, combined payments powerhouse will reachmore than 30M Indian customers and 200K+ merchants New leadership team brings together deep financial services experience in emerging markets PayU to build on Citrus Pay capabilities, offering breadth of financial services PayU, the …
South Africa’s Naspers set to buy Citrus Pay for $180m
South African media and internet conglomerate Naspers is set to acquire Citrus Pay for around $150-180 million, in an all-cash transaction, making it one of the largest deals in the Indian payments market, sources close to the development told. With the combined entity, Naspers, which runs PayU a…