PayU Current Affairs, GK & News
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 ..
Category: Economy & Banking Current Affairs
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 ..
Month: Current Affairs - June, 2019
Category: Science & Technology Current Affairs
Topics: Bitcoin • blockchain technology • Calibra • Cryptocurrency • Ethereum • Facebook’s Cryptocurrency • Libra Association • Libra Blockchain • Libra Cryptocurrency • PayPal • PayU • Spotify • Uber
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 ..