Last year, the RBI returned the fintech firm’s application to operate as a payment aggregator due to its complex corporate structure and directed it to reapply.
In January last year, the RBI had returned the IPO-bound fintech firm s application to operate as a PA due to its complex corporate structure, and barred it from onboarding new merchants
[Weekly funding roundup] Indian startups get big boost with $248M infusion amid coronavirus pandemic yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
PayU Payments strengthens corporate governance with new board members, including Renu Sud Karnad, IUHF president, and Laurent Le Moal. PayU India plans for a public listing after selling global operations to Rapyd.