PayU buys 43.5% stake in payment technology firm Mindgate Solutions for undisclosed sum

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PayU buys 43.5% stake in payment technology firm Mindgate Solutions for undisclosed sum

//business-finance.news-articles.net/content/202 .. firm-mindgate-solutions-for-undisclosed-sum.html

Published in Business and Finance on Thursday, March 20th 2025 at 15:01 GMT by Mint

Mindgate provides end-to-end real-time payment infrastructure and expertise for several leading banks in India, processing over 8 billion transactions a month.

PayU, a digital financial services provider, has acquired a 43.5% stake in Mindgate Solutions, a payment technology firm, for an undisclosed amount. This strategic investment aims to enhance PayU's capabilities in the payment processing sector by integrating Mindgate's expertise in payment technology solutions. Mindgate Solutions specializes in providing end-to-end payment solutions, including transaction processing, payment gateway services, and risk management, which will complement PayU's existing offerings. This move is part of PayU's broader strategy to expand its footprint in the fintech space and improve its service offerings to merchants and consumers alike.

Read the Full Mint Article at:
[ https://www.msn.com/en-in/money/economy/payu-buys-43-5-stake-in-payment-technology-firm-mindgate-solutions-for-undisclosed-sum/ar-AA1BjREA ]

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