PayU Current Affairs, GK & News

PayU acquires Digital payments provider BillDesk

Fintech services provider, PayU, is set to acquire the Indian digital payments provider, BillDesk for $4.7 billion. This will be one among the largest deals in Indian fintech sector. Highlights This announcement was made by the global consumer internet group and one among the largest technology investors worldwide, Prosus NV on August 31, 2021. The ..

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What is Facebook’s Cryptocurrency ‘Libra’?

After months of speculations and rumours, Facebook has officially announced the details of its new global cryptocurrency called Libra. This Facebook owned cryptocurrency Libra will be launched by social media giant in 2020. LIBRA Explained The name Libra is a Roman unit of weight measure. Name is also tries to invoke a sense of financial ..

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PayU acquires Wibmo for USD 70 million

PayU, Digital security and payment facilitator has acquired Wibmo, a US-based financial technology for USD 70 million to assist the company scale-up its business. Under the agreement, Wibmo will continue to serve all of its clients as a wholly-owned subsidiary of PayU. The accession integrates PayU’s strong merchant network and? Wibmo’s ?leadership for digital transaction ..

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