PayU, the payments and fintech arm of Prosus, has raised its stake in Mindgate Solutions to 70%, becoming the majority shareholder while founders George Sam and Guhan Muthuswamy retain a significant 30% stake and continue to lead the company. This ensures business continuity and innovation under founder-led control, even as the partnership unlocks stronger synergies between PayU’s merchant acquiring expertise and Mindgate’s leadership in UPI and real-time payments. Together, they aim to accelerate India’s digital payments growth and expand real-time payment solutions to global markets across Asia Pacific and MENA.
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