To help grow its business in India, Naspers-owned PayU has acquired U.S.-based Wibmo. The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. PayU Global Chief Financial Officer Aakash Moondhra said, according to...
Payment security technology provider Wibmo is rolling out an upgraded anti-fraud solution for its bank customers to safeguard their electronic payments services. In a press release issued late last week, Wibmo – which is based in the U.S. but identifies India as one of its...
U.S. payments company Wibmo is acquiring India-based Mypoolin, and plans to explore the B2B payments industry as a result. Reports in the Economic Times of India on Wednesday (March 14) said the companies, which have a mutual investor in Accel Partners, have focused mainly on...
July 31, 2023
Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing director and head of APAC at Discover® Global Network, and Suresh Rajagopalan, CEO at Wibmo, a PayU company, to discuss the changes — and opportunities — today’s increasingly online economy is bringing to […]
April 12, 2019
To help grow its business in India, Naspers-owned PayU has acquired U.S.-based Wibmo. The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. PayU Global Chief Financial Officer Aakash Moondhra said, according to the report, “This is a strategic acquisition for PayU that […]
