Naspers’ PayU acquires India’s Citrus Pay for US$130 million

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PayU, a Naspers-owned leading payment services provider with presence in 16 growth markets across the world, has announced the acquisition of India’s Citrus Pay, a leading payments technology company, for US$130 million. Claimed to be the largest ever merger & acquisition cash deal in Indian fintech, the acquisition will see Citrus Pay become part of...

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