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PayU Acquires Wibmo To Grow India Business

PYMNTS

To help grow its business in India, Naspers-owned PayU has acquired U.S.-based PayU Global Chief Financial Officer Aakash Moondhra said, according to the report, “This is a strategic acquisition for PayU that combines our merchant network and Wibmo’s leadership in digital security.” based Wibmo.

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PayU Buys ZOOZ, Boosting Its Investments To More Than $350M

PYMNTS

PayU , the online payment company owned by Naspers , announced Monday (July 23) the acquisition of payments technology platform ZOOZ. In a press release , PayU said the price tag was undisclosed, but that the deal supports PayU’s expansion into high growth markets.

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What’s Next In Libra’s Serial Cliffhanger?

PYMNTS

The membership roll includes a single payments processor: PayU. Sounds a bit to us like tag teams: One partner switches out but tags in another teammate who is game to go — and Libra tokens, of course, stay in the pot. For the marketplaces, where once eBay had been in the ranks, the adherents include Lyft, Spotify and Uber.