PayU to acquire PaySense for $185 mn, merge it with LazyPay

Fintech company PayU is set to acquire a controlling stake in PaySense and all its assets at a valuation of $185 million. It has also announced plans to merge its growing digital credit platforms LazyPay and PaySense. 

PayU to acquire PaySense for $185 mn, merge
The company will also inject a total of up to $200 mn in the new enterprise in the form of equity capital. Source - PayU website.

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