PayU: Strengthens Latin America foothold with fintech acquisition
- PayU, the leading fintech and online payments provider across high-growth emerging markets
- Announces that it has strengthened its presence in Latin America with a strategic acquisition of Ding
- In addition to this, it has also participated in a global financing round alongside other investors worth $46 million
- The Colombian super-app that helps Latin American SMEs digitise their processes through online services
- It will help to accelerate innovation and competition within the digital payments industry in Colombia
- Recently reached an agreement with CredibanCo to acquire Tecnipagos S.A., which operates under the Ding brand
