Rapyd acquires PayU GPO

Combination will unleash first truly integrated payments platform serving the world’s emerging and developed markets. Acquisition accelerates Rapyd’s expansion plans as the global fintech moves towards an IPO. Rapyd, the leading global Fintech-as-a-Service provider, announced the acquisition of PayU Global Payment Organisation (‘GPO’; not including PayU’s India, Turkey and Southeast Asia operations) of Netherlands-based Prosus (AEX:PRX) (XJSE:PRX), a global consumer internet group and one of the largest technology investors in the world. PayU GPO, a...

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