PayU is a fintech company that provides payment technology to online merchants. The company was founded in 2002 and is based in Hoofddorp, the Netherlands. It enables online businesses to receive and process payments through payment methods that can be integrated with web and mobile applications. Since 2018, the service has been available in 17 countries.  The company is owned by the Naspers Group and is valued at $ 5 billion.
PayU is the result of multiple payment gateways in various regions of the world that have been acquired and transferred to the PayU Group. In 2014, all Naspers online payment companies began to operate under the PayU brand.
Obtained by Zooz, an Israeli launch that provides API merchants.
He won the Indian payment service provider Citrus Pay in September 2016 for $ 130 million.
An investment of 110 mn EUR into Kreditech’s German fintech, which provides underwriting machine learning.
PayU led a $ 115 million financial round at Remitly’s Seattle-based remittance.
Series Investments of $ 3.7 million to ZestMoney, the provider of onsumer online shopping finance.
He invested $ 5.3 million in Paysense in May 2017
$ 60 Million Investment in Creditas Online Loan Platform (ex-BankFacil)
2011, Romanian online payment company GECAD acquired ePayments
2019, acquired US $ 70 million Wibmo financial security firm
PayU is a regulated financial institution. Holds licenses from national banks and local regulators. PayU products include a PCI-DSS certified payment gateway, an anti-fraud system and an online Visa / MasterCard acquirer.