Pay India

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

13 May 2025, 18:57 PM

The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.

Fintech Hightlights

  1. BillDesk co-founder MN Srinivasu is new IAMAI chairman

  2. PhonePe system faced UPI payment failures due to tech glitch

  3. BillDesk reports decline in FY24 revenue, profits

  4. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  5. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit
  6. Read more highlights...

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