PayU Deepens Strategic Investment in Mindgate – To Accelerate Growth of Real Time Solutions for India and the World
NewsVoir
Mumbai (Maharashtra) [India], September 18: PayU, the payments and fintech business of Prosus, announced today that it is increasing its stake in Mindgate, a pioneer in real-time payments technology, transitioning from a strategic minority investor to a majority shareholder with a total holding of 70%. Both founders will continue to hold a significant minority, together retaining 30% of the company. PayU’s additional investment in Mindgate reflects its strong belief in Mindgate’s vision and capabilities. It also complements PayU’s growth strategy and vision towards driving the next generation of digital payments innovations for better customer experience and accelerating the global adoption of ‘Made in India’ platforms.
While…
