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April 12, 2019 10:45 am GMT

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the US (Cupertino, to exact) that mostly operates in India. PayU is paying $70 million for the startup, […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XwjLEASn5TU/

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