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Global Fintech Player Payu Expands Its Operations To Southeast Asia And Acquires Majority Stake In Singapore-based Red Dot Payment | Business Standard News

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/ -- PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU's commitment to becoming the leading payments solution provider in high-growth markets and one of the largest fintech investors in the world.

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