Rapyd acquiring payment service PayU GPO for $610 million

 Rapyd, the leading global Fintech-as-a-Service provider, announced today the acquisition of PayU Global Payment Organisation (‘GPO’; not including PayU’s India, Turkey and Southeast Asia operations) of Netherlands-based Prosus (AEX:PRX; XJSE:PRX), a global consumer internet group and one of the largest technology investors in the world.