PayU to launch new consumer credit business soon

ThinkstockPhotos-185431801Payment gateway provider PayU India is all set to launch its new consumer credit business this month. The new business, under the ‘Lazy Pay’ brand, will allow customers to complete the purchase without making the payment, PayU’s managing director Jitendra Gupta told Techcircle recently. Gupta, who has developed its credit underwriting business through Citrus Pay’s […]

Read more

PayU India names Maneesh Goel as CFO

Naspers-backed PayU India has appointed former CEO of Den Snapdeal TV-Shop Maneesh Goel as chief financial officer, it said in a statement. Previously, Goel has also served a CFO of iDiscoveri Education Pvt Ltd and Getit Infoservices Pvt Ltd (Askme.com). “His expertise in strategic planning, working capital and funds management, M&A activities and establishing automated […]

Read more

PayU’s finance head Gurpreet Singh quits

Naspers-backed PayU Payments Pvt. Ltd has seen another top level exit with the resignation of its finance head. Gurpreet Singh, vice president and head of finance at PayU India, has quit the digital payments firm to join HCL Technologies. While confirming the development to Techcircle.in, Singh said he will be a part of HCL Technologies’ […]

Read more

Why Freecharge badly needs a recharge

Freecharge-Investment_Shah-Junaid2The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge was the third in as many months speaking of fund-raise efforts by ecommerce company Snapdeal for its digital payments arm. Around a month ago, two people in the know of developments at Jasper Infotech […]

Read more

Online payments firm PayU to buy rival Citrus Pay for $130 mn

Online payments company PayU, owned by South African Internet conglomerate Naspers, has agreed to buy Mumbai-based rival Citrus Pay for

Read more