Loading organizations...
PayU provides online payment solutions globally. Its platform allows businesses to accept and process payments via web and mobile applications, including orchestration, security, and optimization features. Operations focus on high-growth markets like Central and Eastern Europe, Latin America, Africa, India, Southeast Asia, and Turkey.
Founded in 2002, PayU consolidated regional payment gateways under the Naspers Group. Key figures in its establishment include Jose Velez, Martin Schrimpff, and Arjan Bakker. This integration unified payment services, building a common brand and infrastructure for diverse emerging markets.
The company serves online merchants, from small to large enterprises, and offers consumers credit options like Buy Now Pay Later. PayU's vision empowers individuals and merchants by expanding financial access. It aims for a world without financial borders, fostering growth through secure, efficient transactions in dynamic emerging economies.
PayU has 11 tracked investments across 8 companies. The latest tracked deal is $13.0M Series B Extension in Ayoconnect in October 2022.