Rapyd, a global Fintech-as-a-Service provider, has announced the acquisition of PayU Global Payment Organisation (GPO), a global consumer internet group, excluding PayU’s India, Turkey, and Southeast Asia operations, for $610 million. The deal will enhance Rapyd’s role as a dominant global fintech leader, bolstering its global payments network and reach. The acquisition aligns with Rapyd’s goal to present a comprehensive cross-border payment solution, positioning it as a significant player in the e-commerce, logistics, and transportation sectors.
Rapyd Acquires PayU GPO to Expand Fintech and Payments Solutions Globally
