January 10, 2020 BY Mariela Naydenova

PayU acquires a controlling stake in PaySense - new doors into the Indian lending industry

PayU is a fintech company that offers payment technology and services to online merchants. Founded in 2002 and headquartered in the Netherlands, PayU is now in the process of acquiring a majority stake in PaySense, which is an Indian digital credit platform. The estimated equity valuation is around $185 million. According to the Economic Times,…

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