PAYU: STRENGTHENS LATIN AMERICA FOOTHOLD WITH FINTECH ACQUISITION

PAYU

PayU Enhances Latin America foothold with fintech acquisition.

  • PayU is the most renowned Fintech company and the largest online payments provider for the most promising emerging markets growing rapidly.
  • Announces that it has bolstered the presence of its company in Latin America with a strategic acquisition of Ding
  • Furthermore, it also took part in international financing round along with other investors with a value of $46 million.
  • The Colombian super-app to help Latin American SMEs dighttp://ideathrift.com/fin-tech/itize their processes using online services
  • It will aid in accelerating innovation and increase competition in the digital payments industry in Colombia.
  • Recently, the two parties reached agreements with CredibanCo to purchase Tecnipagos S.A., operating under the Ding brand.

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Chris Evan was born in Dubai and raised in Montreal. He studied Computer Science and was so pleased with computer languages. He began writing after obsessing over technology.

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