Friday, April 12, 2019

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo



PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the US (Cupertino, to exact) that mostly operates in India.

from Pocket https://techcrunch.com/2019/04/12/payu-wibmo/
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