PayU Secures 70% in Mindgate to Lead India’s Payments Future

PayU, the payments and fintech arm of Prosus, has increased its stake in Mindgate Solutions to 70%, making it the company’s majority shareholder. Founders George Sam and Guhan Muthuswamy will retain a 30% minority stake and continue leading operations. Funding Snapshot Powering UPI’s Growth Mindgate processes 10 billion+ monthly transactions, representing over $1 trillion in … Continue reading PayU Secures 70% in Mindgate to Lead India’s Payments Future