PayU Secures $120M to Bridge Global Innovation and Local Expertise in the Future of Payments

We are thrilled to announce that PayU has raised $120,000,000 in its latest funding round, marking a transformative milestone in our journey to reshape the future of payments and fintech. With our distinctive blend of global reach and local expertise, we have consistently bridged the gap between cross-border payment processing and region-specific solutions, enabling us to empower over 450,000 merchants and millions of consumers in more than 50 high-growth markets. As the payments and fintech arm of Prosus—a global consumer internet leader and one of the world’s largest technology investors—PayU has always been at the nexus of innovation, driving forward solutions that redefine the possibilities in financial services. This new capital will accelerate our ambitions to create a world without financial borders and further our commitment to global financial inclusion. The funds are earmarked for expanding our state-of-the-art infrastructure, which processes approximately 10 million transactions daily using more than 400 secure, PCI-certified payment methods. In addition, this investment will allow us to deepen our market penetration, enhance local support capabilities, and develop cutting-edge technologies that deliver the highest transaction approval rates for our valued merchants. As we continue to lead the charge in the fintech revolution, this investment is not just a financial boost—it is a vote of confidence in our vision of a borderless financial future where everyone can thrive. The support enables us to further refine our advanced payment solutions and extend our legacy of empowering businesses and consumers worldwide, driving forward an era of unlimited possibilities in payments and fintech.