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Remitly Agrees to Raise $115 Million to Accelerate Global Expansion of Financial Services

Oct 31 2017

Naspers’ PayU will lead round to fuel Remitly’s growth  SEATTLE - Remitly , the largest independent digital remittance company in North America, today announced that it has agreed to raise up to $115 million in Series D funding, subject to applicable third party and regulatory approvals... Read more


Luno expands to 35 new markets; announcing Series B round

Sep 19 2017

From Marcus Swanepoel, Co-founder and CEO, Lun o We are excited to announce the launch of Luno across  several new European markets . This means people from 40 countries around the world can now easily buy, sell and store Bitcoin with Luno.   At Luno, our core mission is to bring digital... Read more


PaySense raises $5.3m in Series A led by Jungle Ventures with participation from Naspers and Nexus V

May 19 2017

Mumbai, May 19, 2017 -​ PaySense, India’s fastest growing digital credit platform, today announced their Series A funding of $5.3 million. The round, was led by Jungle Ventures with participation from Naspers Group and Nexus Venture Partners. The company had raised an earlier round of... Read more


German fintech company, Kreditech, receives EUR 110 million investment from PayU

May 10 2017

In largest ever equity investment in a German fintech company, Kreditech receives EUR 110 million investment from PayU. PayU and Kreditech agree global partnership to increase access to credit services in high growth, emerging markets. Hamburg, 10 May 2017 – Kreditech, the leading... Read more


Creditas, announces the closing of a Series B investment round

Feb 21 2017

Online credit platform Creditas, announces the closing of a Series B investment round of R$60 million to accelerate the expansion of the asset backed credit in the country. The business plan includes the development of new channels for mass distribution and the reduction of the minimum interest... Read more


PayU offers the best online payment solution in CEE

Nov 25 2016

On November 22nd, the FinTech Gala was held during the FinTech Digital Congress CEE in Warsaw. The Advisory Board of the Congress honored companies offering solutions, products and services contributing to the development of the fintech sector. PayU won the 'Payment solution' category. PayU... Read more


PayU & Citrus Pay agree to a $130M landmark deal in Indian fintech

Sep 14 2016

New Delhi, India, 14 September 2016 – PayU, the global online payment service provider, announces that Citrus Pay, a leading Indian payments technology player, will become part of its Indian operation. PayU’s $130M transaction is the largest ever M&A cash deal in Indian fintech, demonstrating... Read more