Podcasts about payu

Market Roars Back: Ceasefire & Tariff Pause Spark ₹16 Trillion RallyPeace on the borders and a tariff truce overseas gave Indian markets their best day in over four years. With India-Pakistan tensions cooling and US-China easing trade friction, the Nifty soared 3.8% and Sensex jumped 3.7%, adding ₹16 trillion to investor wealth. IT, banking, and blue-chip stocks led the charge, as FIIs and DIIs poured in over ₹2,600 crore. “We're in a sweet spot,” said Marcellus' Saurabh Mukherjea, flagging optimism ahead of earnings and a potential EM bull run in 2025. Trump's Drug Price Bombshell Rattles Indian Pharma Donald Trump's executive order to slash US prescription drug prices by 59% has stirred unease among Indian pharma exporters. Branded drugmakers like Sun Pharma, with up to 17% US revenue exposure, face risks if the rule is enforced. Generic manufacturers may escape unscathed—for now. With Trump pushing for price parity with Europe, and past efforts blocked in court, Indian pharma must brace for policy volatility in its top export market. Yes Bank's SMBC Deal Signals Fresh Start Yes Bank is readying for a reset with a ₹13,482 crore lifeline from Japan's SMBC, which will pick up a 20% stake. CEO Prashant Kumar called it a triple win: reducing SBI's stake overhang, onboarding a global strategic partner, and potentially securing a credit rating upgrade. With PE options ruled out and M&A off the table, the bank is betting on stability, not survival. Approval is expected by September, as analysts cautiously back the move. Worldline Looks to Exit India in $200M Deal French fintech Worldline is quietly preparing to exit India, hiring BNP Paribas to find a buyer for its B2B payments business. The move is part of CEO Pierre Vacheron's cost-cutting and portfolio-pruning turnaround plan following steep losses and multiple profit warnings. Razorpay and PayU are seen as front-runners. If it goes through, the deal could reshape India's digital payments battlefield—and help Worldline reset focus on core markets. Hero's Pivot Moment: Munjal Returns Amid EV PressureLeadership churn at Hero MotoCorp has brought 71-year-old Pawan Munjal back into the spotlight. With CEO Niranjan Gupta exiting and Honda closing in on sales, India's two-wheeler giant is in reset mode. Interim CEO Vikram Kasbekar steps in as the company struggles with slow EV adoption and a 4.5% YTD stock drop. With just 48,674 EV scooters sold versus TVS and Bajaj's 2 lakh+, Munjal's next move will be critical. Investors await Tuesday's earnings for clues on Hero's growth, margins, and roadmap.

Bienvenidos a Punto Biz, un podcast para hablar de Tendencias del Mercado y Negocios. En este episodio de Punto Biz converso con Javier Buitrago acerca las FinTech y la Inclusión Financiera. Javier es Cofounder y Secretario de la Cámara Fintech de Panamá. Experto en pagos digitales, con más de 20 años en la industria, habiendo liderado organizaciones como: Zinli.com Panamá, Thunes.com Latam, PayU.com, Despegar.com, la billetera PIM, la tarjeta CMR Falabella, etc.Este episodio de PuntoBiz es posible gracias a...Gimar Distribution: https://gimardistribution.com/Zoom: ⁠https://zoom.red/⁠ Daycohost: https://daycohost.com/Instituto de Estudios Superiores de Administración IESA: https://www.iesa.edu.ve/Consecomercio:https://www.consecomercio.org/ DATOS DE CONTACTO DE JAVIER BUITRAGO:https://www.linkedin.com/in/jbuitrago/RECURSOS:Suscríbete a mi boletín: ⁠https://www.carlosjimenez.net/registroDescarga mis ebooks: ⁠https://carlosjimenez.net/ebooks/⁠Website: ⁠http://www.carlosjimenez.net/⁠ Carlos Jimenez Punto Biz es un podcast producido por Carlos Jimenez, experto en identificar tendencias del mercado y diseñar estrategias de negocios para aprovechar las oportunidades que se derivan de los cambios en el comportamiento de los consumidores en América Latina. En este podcast se habla de tendencias, marketing y estrategias de negocios. Suscríbete a Carlos Jimenez Punto Biz en las principales plataformas ¿Te gusto mi podcast? Califícame y agrega tu comentario.

In today's episode of Moneycontrol's Tech3 Podcast, we break down Elon Musk's X suing the Indian government over alleged unlawful censorship. We also dive into Accenture's AI-driven revenue boost, SEBI's proposed clarity on ESOPs for startup founders, PayU's big fintech acquisition, and the potential return of MDR on UPI payments. Tune in for the latest updates in the startup and tech space!

Arik Shtilman, CEO of Rapyd, joined the Leaders in Payments podcast to discuss the company's growth, industry trends, and the impact of AI and crypto on fintech. Over the past two and a half years, Rapyd has shifted its strategy from rapid expansion to profitability, achieving profitability in late 2024. This shift required streamlining operations, focusing on high-margin markets, and reducing headcount growth. A significant milestone was Rapyd's $610 million acquisition of PayU, expected to finalize soon.Shtilman highlighted major macroeconomic shifts, including changing interest rates and geopolitical events, which have influenced the company's approach. He believes AI will revolutionize financial services, comparing its impact to the rise of the internet in 1998. Rapyd has already integrated AI into compliance, financial operations, and customer support, leading to faster onboarding, improved risk assessment, and reduced operational costs. AI-driven efficiencies are expected to shape the competitive landscape, favoring companies with advanced automation.On crypto, Rapyd initially stayed cautious but has now embraced stablecoins for settlements and payments, anticipating further mainstream adoption. Looking ahead, Shtilman predicts continued consolidation in fintech, AI-driven efficiencies, and an industry transformation that will reshape how financial services operate in the coming years.

On January 20th, the online publication The Head and Tale broke the news that two of India's largest payment aggregators and gateways, Razorpay and Cashfree, were severing ties with India's largest payment orchestrator or router, Juspay.Payment gateways are the simplest. They simply facilitate a payment transaction between a merchant's website and a bank. But because these days, we have so many ways to pay. Cards, UPI, net banking, wallets, etc. Many payment gateways also aggregate these methods and offer customers and merchants a choice.Hence, they're payment aggregators.Now most leading gateways are also aggregators. This includes Razorpay, Cashfree, PayU, Paytm*, etc.The most important layer right now, and the topic of today's discussion, is orchestration or routing.Like a conductor in an orchestra, orchestrators sit above payment gateways and payment aggregators and determine who gets to play.What that means is when a customer is trying to do a transaction on a merchant's site, the orchestrator or router assigns it to a particular payment gateway or aggregator depending on various things like where success rates are high, who's offering competitive rates, etc.That's what happens with large organizations like Flipkart, BigBasket, Swiggy, etc.For instance, you must have seen when you're trying to make a transaction on any of those sites after you enter your card details; you must have seen the Juspay modal, or briefly, website appear when you're trying to enter your OTP, or it's fetching that.That's what Juspay does.It sits above payment aggregators and gateways, and it kind of plays this conductor role, assigning transactions to where they are most likely to succeed or where they are most competitively priced for the merchant that Juspay is operating with.That's the topic of today's discussion because Razorpay and Cashfree decided to stop working with Juspay.Now that's very interesting, and it's essentially the trigger to what we'd like to think of as sort of like a much larger war which is going to break out with one set of payment aggregators on one side and the other side another set of payment aggregators, and of course, Juspay.Joining hosts Rohin Dharmakumar for the discussion are Vimal Kumar, founder of Juspay; Anand Balaji, co-founder of Xflow and former India head for Stripe; and Abhishek Madan, who used to be vice president of Product at Paytm*.Welcome to episode 28 of Two by Two.*Paytm founder Vijay Shekhar Sharma is an investor in The Ken.–Additional reading:Razorpay and Cashfree woke up and chose violenceAdditional listening:Why Stripe could not become the Stripe of India–Help us find interesting women guests by filling out this survey - https://theken.typeform.com/to/KH0EOLGo–This is a free 30-minute version streaming on all podcast streaming platforms. If you'd like to listen to the full episode, you can do so by becoming a Premium subscriber to The Ken or by subscribing to Two by Two on Apple Podcasts via a separate standalone subscription.This episode of Two by Two was produced by Hari Krishna. Rajiv CN, our resident sound engineer, mixed and mastered this episode.If you liked this episode of Two by Two, do share it with like-minded individuals who would be interested in listening to the episode. And if you have more thoughts on the discussion, we'd love to hear your arguments as well. You can write to us at twobytwo@the-ken.com

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, February 13, 2025. This is Nelson John, let's get started. Amid India-China geopolitical tensions, China's Fosun Pharmaceutical is in discussions with three global private equity firms to sell its majority stake in the Hyderabad-based Gland Pharma. Fosun currently owns about 51% of Gland Pharma, after initially acquiring a 74% stake for $1.2 billion. They have hired investment banks Morgan Stanley and UBS to assist with the sale. Global private equity firms Blackstone, Brookfield, and Warburg Pincus are interested in buying this stake, valuing the company at nearly $3 billion. Gland Pharma, founded in 1978, specializes in making generic injectable medicines and serves nearly 90 countries, focusing on India and the U.S. markets. In the December quarter, the company reported revenues of ₹1,384 crore and a profit after tax of ₹204.7 crore.The potential sale is expected to trigger an open offer to Gland Pharma's shareholders, with the buyers aiming to own between 60-65% of the company after the transaction. In a major step toward strengthening digital payment security, the Reserve Bank of India (RBI) has proposed additional factor authentication (AFA) for international card-not-present (CNP) transactions. This means Indian consumers will have an extra layer of security when making payments to foreign merchants—just like they already do for domestic transactions.Now you may wonder what prompted this move by the RBI?It's primarily due to Rising Fraud Cases in international transactions involving unauthorized charges on foreign websites with minimal authentication. Now adding AFA will ensure stronger security standards that safeguard Indian cardholders against such risks.   US-based industrial and aerospace giant Honeywell and Greenko founders-led AM Green signed an agreement on Wednesday to collaborate on manufacturing sustainable aviation fuel (SAF) in India from biofuels, including ethanol, methanol, and green hydrogen. Under this agreement, Honeywell's cutting-edge technology will be leveraged to produce SAF from renewable sources, aligning with global efforts to transition toward greener energy solutions. AM Green, a company backed by the founders of renewable energy giant Greenko, will focus on production and scaling operations in India, catering to both domestic and international markets.The companies will assess the feasibility of making SAF in India to reduce the country's oil import dependence, helping shipping companies adopt the low-emission fuel, and aiding aviation companies to meet International Civil Aviation Organisation guidelines for low-carbon fuel replacements. The global aviation industry is under increasing pressure to cut carbon emissions, and SAF has emerged as a key solution. This partnership strengthens India's role in the green energy revolution, supporting global decarbonization goals while reducing reliance on fossil fuels. Over two dozen Indian startups are expected to go public in the coming months, including big names like Groww, Lenskart, and Zepto, which could see billion-dollar IPOs. Smaller companies like Ather Energy, BoAt, Bluestone, Infra.market, PhysicsWallah, PayU, and Pine Labs are also gearing up for their stock market debuts. This is a jump from last year when only 13 startups, including Swiggy, Ola Electric, and FirstCry, went public. However, market conditions are getting tougher. Investment bankers say startups might need to adjust their IPO sizes and valuations due to recent global economic shifts. The US stock market has been hit hard after President Donald Trump announced new tariffs, leading to uncertainty in global equity markets. India's Nifty 50 index is down 12.5% from its peak last September, with foreign investors selling off shares. Amid tough market conditions and lock-in expiries those looking to invest in upcoming IPOs could also be staring at losses in the short term      At the Maha Kumbh Mela, India's largest spiritual gathering, several startups are seizing the opportunity to engage with the vast influx of pilgrims. Zomato-owned Blinkit has set up a temporary store offering ritual-related items and other essentials. Swiggy's Instamart has established a stall near the Triveni Sangam to serve attendees. PhonePe, in collaboration with ICICI Lombard General Insurance, is providing affordable travel insurance plans tailored for Kumbh visitors. Chai Point has deployed around 175 personnel and 18-20 mini stations, utilizing brewing bots capable of producing 15 liters of tea every 12 minutes, resulting in daily sales of approximately 160,000 cups reports Peiyamvada C. Now these initiatives not only cater to the immediate needs of pilgrims but also serve as strategic moves for brand visibility and customer acquisition. By adjusting pricing and packaging, these startups aim to connect with a broader audience beyond their typical urban clientele, gathering valuable insights for future expansions.

On January 20th, the online publication The Head and Tale broke the news that two of India's largest payment aggregators and gateways, Razorpay and Cashfree, were severing ties with India's largest payment orchestrator or router, Juspay.Payment gateways are the simplest. They simply facilitate a payment transaction between a merchant's website and a bank. But because these days, we have so many ways to pay. Cards, UPI, net banking, wallets, etc. Many payment gateways also aggregate these methods and offer customers and merchants a choice.Hence, they're payment aggregators.Now most leading gateways are also aggregators. This includes Razorpay, Cashfree, PayU, Paytm*, etc.The most important layer right now, and the topic of today's discussion, is orchestration or routing.Like a conductor in an orchestra, orchestrators sit above payment gateways and payment aggregators and determine who gets to play.What that means is when a customer is trying to do a transaction on a merchant's site, the orchestrator or router assigns it to a particular payment gateway or aggregator depending on various things like where success rates are high, who's offering competitive rates, etc.That's what happens with large organizations like Flipkart, BigBasket, Swiggy, etc.For instance, you must have seen when you're trying to make a transaction on any of those sites after you enter your card details; you must have seen the Juspay modal, or briefly, website appear when you're trying to enter your OTP, or it's fetching that.That's what Juspay does.It sits above payment aggregators and gateways, and it kind of plays this conductor role, assigning transactions to where they are most likely to succeed or where they are most competitively priced for the merchant that Juspay is operating with.That's the topic of today's discussion because Razorpay and Cashfree decided to stop working with Juspay.Now that's very interesting, and it's essentially the trigger to what we'd like to think of as sort of like a much larger war which is going to break out with one set of payment aggregators on one side and the other side another set of payment aggregators, and of course, Juspay.Joining hosts Rohin Dharmakumar for the discussion are Vimal Kumar, founder of Juspay; Anand Balaji, co-founder of Xflow and former India head for Stripe; and Abhishek Madan, who used to be vice president of Product at Paytm*.Welcome to episode 28 of Two by Two.*Paytm founder Vijay Shekhar Sharma is an investor in The Ken.–Additional reading:Razorpay and Cashfree woke up and chose violenceAdditional listening:Why Stripe could not become the Stripe of India–This is a free ‘10-minute trailer'  streaming on all podcast streaming platforms. If you'd like to listen to the full episode, you can do so by becoming a Premium subscriber to The Ken or by subscribing to Two by Two on Apple Podcasts via a separate standalone subscription.This episode of Two by Two was produced by Hari Krishna. Rajiv CN, our resident sound engineer, mixed and mastered this episode.If you liked this episode of Two by Two, do share it with like-minded individuals who would be interested in listening to the episode. And if you have more thoughts on the discussion, we'd love to hear your arguments as well. You can write to us at twobytwo@the-ken.com

Z tego podcastu dowiesz się, jak siłownie w firmach mogą wpływać na zdrowie i efektywność pracowników. Aster Papazyan, współwłaściciel firmy oferującej rozwiązania siłowni biurowych, dzieli się doświadczeniami na temat wprowadzenia aktywności fizycznej w firmach i jej wpływu na życie zawodowe. Aster Papazyan to doświadczony lider biznesowy i zapalony sportowiec, który udowodnił swoje umiejętności zarówno w świecie biznesu, jak i sportu. Jest współwłaścicielem Proud Group oraz mentorem liderów na platformie zycielidera.pl. Karierę sportową rozpoczął w wieku 9 lat, kiedy to codziennie trenował pływanie, a jego wysiłki doprowadziły go do reprezentacji Armenii. Po ukończeniu studiów z zakresu coachingu sportowego postanowił rozwijać karierę w biznesie, zdobywając doświadczenie w takich firmach jak Dell, Allegro, PayU i Netia. Ukończył Executive MBA w IMD Business School. Zarządzał międzynarodowymi zespołami, tworząc efektywne grupy specjalistów. Łączy pasję do sportu z doświadczeniem w biznesie, pomagając zespołom i jednostkom osiągać wysoką wydajność oraz większą satysfakcję z życia. W tym odcinku Aster opowie między innymi o:  korzyściach z posiadania siłowni w biurze  wpływie aktywności fizycznej na efektywność pracowników  jak siłownie w biurach mogą poprawić integrację zespołów  procesie wdrożenia siłowni w firmach krok po kroku  jak firmy mogą zwiększyć zaangażowanie pracowników poprzez aktywność fizyczną  najczęstsze obawy pracodawców związane z inwestycją w siłownię biurową  jakie elementy należy uwzględnić przy wyborze sprzętu i aranżacji przestrzeni  przyszłość siłowni w biurach i rola aktywności fizycznej w kulturze organizacyjnej Podcast możecie znaleźć wielu platformach do słuchania m. in.:

En esta edición de Regresando a Casa la respuesta del presidente de Coosalud, la novedad de PayU y crecen las remesas

Are we truly listening to the voices that drive change in the tech world?In this episode of FinTechs DEI Discusssion, Nadia speak with Keren Ben Zvi, Chief Data Officer and Shiri Schneider, Chief Technology Officer from PayU. Join us as we explore their powerful career journeys, lessons on leadership, and actionable insights for fostering genuine inclusivity in the workplace. From breaking down barriers to embracing imperfection and empowering others, this episode is filled with wisdom and practical takeaways.FinTech's DEI Discussions is powered by Harrington Starr, global leaders in Financial Technology Recruitment. For more episodes or recruitment advice, please visit our website www.harringtonstarr.com

Family offices like Maelstrom and Motier Ventures are significantly investing in AI startups, driving innovation and reshaping the tech landscape. Elon Musk's lawsuit against Open AI reveals internal conflicts and strategic decisions, highlighting concerns about the shift from a nonprofit to a for-profit model and broader industry challenges. Elon Musk has expanded his lawsuit against Open AI and Microsoft, alleging monopolistic practices and raising concerns over AI power consolidation and regulatory scrutiny. Microsoft aims to become carbon negative by 2030, investing in direct air capture technology and partnering with RBC and Deep Sky to fund innovative carbon capture projects. JobGet's acquisition of Snagajob aims to create a powerful platform for hourly and frontline workers, leveraging AI tools to enhance job matching and streamline the application process. Elon Musk's AI company, xAI, is raising $6 billion to invest in Nvidia chips, enhancing its AI infrastructure and capabilities, including its chatbot Grok. The integration of AI into daily life has raised significant privacy and safety concerns, prompting FTC Chair Melissa Holyoak to call for an investigation into AI data practices. O2 has introduced Daisy, an AI-powered tool designed to engage telephone scammers in meaningless conversations, developed with cybersecurity expert Jim Browning. The New York State Department of Financial Services has issued new guidance for financial institutions to mitigate cybersecurity risks associated with AI, emphasizing robust risk management frameworks and data quality. Xiaodi Hou, former CEO of TuSimple, is seeking a court order to prevent the company from transferring its U.S. assets to China and has launched a new autonomous trucking startup, Bot Auto. The startup ecosystem saw activity with Klarna filing for a U.S. IPO and PayU planning to go public in 2025, highlighting growth and regulatory challenges in fintech. In 2017, Open AI considered acquiring Cerebras Systems to leverage its AI chip technology but ultimately shifted focus to collaborating with semiconductor firms. Bluesky is gaining traction as a decentralized social network prioritizing user privacy and control, attracting users disillusioned with traditional platforms like X. Cruise, General Motors' autonomous vehicle subsidiary, is addressing safety concerns and regulatory actions following a high-profile incident involving a robotaxi. Lenovo is diversifying its supply chain by establishing new manufacturing facilities outside China, including a significant investment in Saudi Arabia, and capitalizing on the AI PC market.

Join host Sukriti on the TechGig podcast as she explores the evolving landscape of fintech security with Narendra Babu, CTO at PayU. Discover key challenges, breakthrough technologies, and transformative strategies essential for building secure fintech platforms. From AI and quantum computing to privacy safeguards and cyber threat defense, this episode covers critical insights to help fintech professionals stay ahead in a rapidly advancing digital finance ecosystem. Don't miss out on this must-hear discussion!

Last year, the central bank banned Razorpay and a bunch of its competitors, like PayTM, Cashfree and PayU, from onboarding new merchants until they were able to secure a payment aggregator license. Till then, they all had in principal approvals for the license. But the RBI stepped in and said they had to stop onboarding merchants until they actually got the license. It was only in December that the RBI lifted the ban after Razorpay finally received the license. Obviously, it was a big day for Razorpay. All of the employees who had already left for the day came straight back to office. They all knew exactly what they had to do because they had been planning for this day for months now. Razorpay had a big opportunity to gain marketshare. In the last seven months since the RBI lifted the embargo, it has been in recovery mode. And in the process, it has fundamentally changed as a company. Tune in. 

İş yerlerine online tahsilat çözümleri sunan Paynet'in tamamını geçtiğimiz haftalarda satın alan iyzico'nun CEO'su Orkun Saitoğlu ile birlikteyiz. Paynet satın alımının detaylarını, iyzico'nun gelecek hedeflerini ve çok daha fazlasını sevgili Orkun Saitoğlu ile birlikte masaya yatırdık. Orkun Saitoğlu: https://www.linkedin.com/in/orkuns/ iyzico: https://www.linkedin.com/company/iyzi-payments/ 00:00:00 - Swipeline Intro 00:00:30 - Paynet'i neden satın aldınız? 00:03:03 - Şirket kültürü oluşturmak 00:04:45 - PayU anlaşması 00:09:05 - Paynet ürünleri 00:12:09 - Pazar payı 00:13:06 - Globale açılmayı düşünüyor musunuz? 00:16:20 - Yeni hedefleriniz neler? 00:22:50 - Swipeline Outro - *GÜNLÜK E-POSTA BÜLTENİMİZ*

In this PRmoment Podcast, we'll be catching up with UK public relations leaders. Our guests will share their in-hindsight secrets that they wish they'd known at the start of their careers.This week on the PRmoment Podcast, we're talking to Missive founders Nicola Koronka and Emma Ross.Missive is a tech PR firm with a fee income of £2.5 m. Current clients include Virgin Media 02, Tech Mahindra and PayU.Missive was founded ten years ago, ten years which seem to have flown by! Here is a summary of what Nicola, Emma, and PRmoment founder Ben Smith discussed:3 mins Emma and Nicola talk about how they met at university and ended up working at Hotwire together.5 mins Why did Nicola and Emma decide to start a business together?“The only impressive thing about running your own business is making the decision to do it; the rest just feels like another job. You just put one foot in front of the other. You learn as you go.”13 mins Emma, was diagnosed with bone cancer in 2019. Needless to say, bone cancer is a very, very serious cancer. Emma talks us through how the last five years have been since her diagnosis.16 mins Emma talks us through the symptoms of bone cancer and what people should look out for.17 mins What is a tech PR firm today? Has tech PR become undefinable?21 mins How is the tech PR market currently because it's had a tough 18 months.“It's the enterprise piece that had the roughest ride.”“The market has returned to strength now. We've had some great wins in the last ten weeks.”“There is a robustness there…The market has turned.”25 mins Emma and Nicola reflect on ten years of Missive.“It's been punctuated with things that happened to us.”27 mins Are PR employers better now than ten years ago?28 mins Nicola and Emma reflect on the challenges of PR firm founders bringing senior staff members into their business.“Giles came into the business at a pivotal time post-pandemic and grew the business successfully. We will never stop thinking about what the business, our team, and clients need and endeavour to put that first.”“We've (only) spent 50% of the time (over the last ten years) working together because of the various leave and absences.”“We disagree constantly, but we don't row.”“We're very, very different people but we're pulling in the same direction. I'm the head, and Emma's the heart.”“It's been the most profound relationship of my life (outside my family.)”32 mins Emma and Nicola talk about their future plans for Missive, including its D&I Consulting practice.

Ashish Kashyap needs no introduction. The first country head for Google in India, before he turned entrepreneur, Ashish is a serial founder. He's founded and scaled marquee Indian internet startups RedBus, PayU, GoIbibo, before starting his most recent FinTech venture, the super app, INDMoney.     Ashish was a guest on Matrix Moments People First with Rupali, where shared startup and team-building learnings from his journey across the companies he's built.

Join us as we talk to Mohit Bedi, the co-founder of Kiwi about their story. Mohit pursued his MBA degree from the Symbiosis Institute of Management in 2000. Subsequently, he held positions such as Product Manager at GE, AVP and Product Head at Citi Bank, Head of Bancassurance at Barclays, Head of Credit Cards at Standard Chartered Bank, SVP and Business Head at Axis Bank, and Senior Vice President at PayU. Finally, in 2022, he co-founded Kiwi.

Środki z KPO mają dziś zostać odblokowane; rząd bada możliwości obniżenia cen paliw z wykorzystaniem Orlenu; Klarna rozpoczyna współpracę z PayU i zaoferuje odroczone płatności w Polsce i CEE; Orlen potwierdził dwie oferty na Polska Press; a jedynie co piąte polskie przedsiębiorstwo było przygotowane do wprowadzenia Krajowego Systemu e-Faktur.

In today's fast-paced world, technology is constantly evolving, and consumers are always on the lookout for the latest gadgets. However, this obsession with newness has led to a significant amount of electronic waste, as people discard their old devices in favor of the latest models. ZeluCash recognized this wasteful trend and saw an opportunity to create a more sustainable and cost-effective solution.   Today we sit with Lucas Keen, the founder of ZeluCash, an Argentinean startup that specializes in the recommerce industry. With an MBA in Argentina and a background in startups, Lucas has extensive experience in the e-commerce and technology sectors. He launched ZeluCash in 2015 to address the wastage of valuable technology, such as smartphones, by creating a trading program where customers can trade in their old devices for new ones. Lucas is passionate about the circular economy and believes in giving products a second life.   Keen discusses the growth of the recommerce industry in Latin America and the impact of his company's trading program. He explains how ZeluCash allows customers to trade in their old smartphones for new ones, providing a more affordable option and reducing electronic waste. Lucas also highlights the importance of trust and transparency in the recommerce market and the role of technology in facilitating the buying and selling process. He shares his plans for expanding into Mexico and Chile and the potential for growth in the region.   If your company is looking to scale its AI initiatives, head over to Tesoro AI (www.tesoroai.com). We are experts in AI strategy, staff augmentation, and AI product development.    Founder Bio:   Lucas Keen has 16 years of experience managing digital business in Latam. He performed as a Sales Manager for 6 years at DineroMail (acquired by PayU in 2012) From 2011 to 2014 he was Country manager and investor at Ticketbis, European ticket exchange platform sold to eBay. He earned his MBA from IAE (Business school of Austral University) in Argentina.   Time Stamps:   02:57 Introduction and background of Lucas Keen 07:50 Initial challenges faced by ZeluCash 10:45 Expansion of ZeluCash product offerings 12:57 Zelu Cash's impact on the market in Argentina 14:10 Embracing the circular economy concept 16:48 Using own and third-party technologies for flexibility and efficiency. 19:44 Finding the right developers to build out the product 22:00 Using a recruiting agency to improve the quality of talent and freelancers for projects. 24:50 Buying, pricing and selling based on daily market scans and phone conditions. 29:42 Leveraging retail companies for marketing on the buying side. 32:09 Implementing cost-saving processes with technology 34:08 Ensuring trust through software verification and customer reviews 36:11 Potential growth in the recommerce market in Latin America 39:26 How to get in contact with the ZeluCash team   Resources   Company website: https://zelucash.com/home Twitter: https://twitter.com/ZELUCASH LinkedIn: https://www.linkedin.com/company/zelucashlatam/ Instagram: https://www.instagram.com/zelucash/  

Ikuti diskusi 8.30 pagi sempena Bulan Kesedaran Kanser Payudara, bersama Dr. Shamsiah Abdul Hamid, Pakar Perunding Radiologi Payudara, UiTM Private Specialist Centre (UPSC).

Raj comes with a deep background across payments, tech and Web3 in a multitude of roles - operator, investor and consultant. Raj's Past Experience: Ex CEO, OYO Vacation Homes, a top 3 specialist vacation rental business (fully owned sub of OYO). Ex Global Head of Investments and M&A for PayU, a Prosus Company (Prosus is a leading listed global technology investment company). Made investments globally across fintech companies including in Payments, Credit, Remittances and Crypto / Blockchain. Ex McKinsey Partner serving banks, insurance companies, payments players and asset managers across the Asia Pacific. Leader of McKinsey's Payments practice across the Asia Pacific. Raj's Social Media LinkedIn: https://www.linkedin.com/in/raj-kamal-488a908/ Twitter: https://twitter.com/OneRajkamal --- Support this podcast: https://podcasters.spotify.com/pod/show/geeksofthevalley/support

In this episode Billy and Emma recap episode 3 of Wedding Plan. Emma talks about how Nuea and Lom are getting cute. And they both freak out over Payu's proposal to Rain. --- Send in a voice message: https://podcasters.spotify.com/pod/show/be-podcast6/message

In this week's Espresso, we cover news from, Albo, Loft, Saludtools, and more!Outline of this episode:[00:28] – ConfiAbogado secures $1.65M Seed round[00:42] – Axur secures Series B funding[01:03] – Prex partners with Allaria[01:20] – Mercado Libre launches streaming platform[01:34] – Rapyd acquires PayU[01:43] – Albo acquires Delt.ai for $20M[01:54] – Pomelo expands to Chile[02:06] – Saludtools acquires NetMedick[02:18] – Siigo partners with Davivienda[02:26] – Speedbird Aero raises $2M round[02:40] – Cashbanx secures $4.1M round[02:52] – Inklo raises $727K in Pre-Seed round[03:05] – Loft secures $100M led by Middle Eastern wealth fundResources & people mentioned:Startups: ConfiAbogado, Axur, Prex, Mercado Libre, Rapyd, PayU, Pomelo, Albo, Delta.ai, Saludtools, Netmedik, Siigo, Davivienda, Speedbird Aero, Cashbanx, Inklo, LoftVCs: Tuesday Capital, Igah Ventures, MSW Capital, SRM Ventures.

  Aspen looking cheap? Aspen (JSE code: APN) announces a acquisition in Latin America for US$290m on a price/sales of ±3x and PE of ±5x. This is a classic Stephen Saad sort of deal. Strong cash generation to pay down the debt. After having gone quiet when the balance sheet case under serious pressure (with debt of ±R50billion) Aspen is back? Chart looking good for a break higher. Forward PE of ±12x is below 1 standard deviation over last twenty years and looking cheap. Charts by KoyFin, click here for 15% off a two year subscription. Simon Shares FOMC raised 0.25% as expected last week. In the press conference Powell suggested no recession coming and with inflation for June at 3% has the fed successfully threaded the inflation needle without any serious repercussions (so far)? MTN (JSE code: MTN) trading update, 169c cost for 'currency moves' likely the Nigerian Naira devaluation. Prosus (JSE code: PRX) agrees to sell part of PayU to Rapyd for $610m. They'll keep the Indian market part of the business. How is your crypto taxed? Nominal vs effective interest rate, know the difference.

Crecimiento BBVA; Ternium; ConfiAbogado; entrevista a Jimena Pardo; Inbursa y Cetelem; movimientos clave; Viva Aerobus y Allegiant; Sigma; Rapyd y PayU; Starbucks; Reed Jobs; Inter Miami.Prueba Whitepaper 30 días gratis http://whitepaper.com.mx/30day

Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services to companies like Uber and Ikea, is taking a significant step forward in its growth with a big acquisition.

Este episodio va a ser MUY personal: Te contaré la historia de mi peor campaña de publicidad en Facebook e Instagram. Además, te comparto 3 aprendizajes que desde ese día uso con TODOS mis clientes. 0:00 Intro 2:12 Co´Coon 4:16 Estrategia de lanzamiento 6:12 Ninguna compra recibida 7:48 Públicos fríos 10:31 Soporte de Meta 12:15 Prueba en modo incógnito 13:10 PayU sin integración con Shopify 16:30 Reunión con el cliente 18:23 Nueva oportunidad 21:07 Control de calidad del proceso de compra 24:02 Escucha lo que los clientes dicen 27:35 Da la milla extra ---------------------------------------------------  

If you started listening to First Principles—The Ken's fortnightly leadership podcast—in 2023, then today's special episode might be something you'll love. We went back to guests from episodes 6 to 10 from 2022 and created a supercut episode highlighting some of the most interesting bits from conversations with these accomplished leaders.We'd urge you to listen to the full episodes, but this is a great place to start if you've been meaning to check out our older episodes but haven't gotten around to it.We begin with Harshil Mathur, the co-founder and CEO of Razorpay—a fintech giant offering loans, payroll services, and even bank accounts.Harshil talks about his journey into entrepreneurship, how Razorpay develops products, the importance of deliberately driving company culture, and much more. Episode 6: Razorpay CEO Harshil Mathur talks about deliberate culture, building to a need, and the principles of product developmentNext, we have Vineeta Singh, the co-founder and CEO of SUGAR Cosmetics—one of India's most popular and fastest-growing cosmetics brands.Vineeta talks about overcoming stereotypes as a female founder, the importance of passion when selecting your workplace, and why hustle, hunger, humour, and humility are key pillars of SUGAR's culture. Episode 7: Vineeta Singh of SUGAR Cosmetics talks about building products, educating consumers, and focusing on the long termAnd then, we have Amrish Rau, the CEO of Pine Labs—the payments solution provider whose point-of-sale terminals are visible in most Indian shops and stores.In 2016, Citrus Pay, an online payments provider Amrish co-founded, was acquired by rival PayU for $130 million in cash. It was one of the most significant acquisitions back then. But Amrish says it is also one of his biggest regrets. As a first-time founder, he decided to sell his company too quickly. Amrish tells us why.Episode 8: Amrish Rau of Pine Labs talks about the differences between being a founder and CEONext, we have Amit Agarwal, the co-founder and CEO of NoBroker—the 8-year-old Bengaluru-headquartered real estate platform that wants to disrupt the very concept of brokerage fees.Amit speaks about entering management consulting as a young MBA because it paid the most, starting a business that almost no investor wanted to fund, convincing notoriously value-minded Indians to pay a subscription fee before finding a rental apartment, and running a frugal organisation with a cockroach mentality.Episode 9: Amit Agarwal of NoBroker talks about his single-minded mission to disrupt brokerage, building a cockroach company, and why his office address is a secretAnd finally, we have Tarun Mehta, the co-founder and CEO of Ather Energy—India's best-known electric scooter maker. Tarun speaks about his journey to convince investors of his vision, doing hard things that defied common sense, building an organisation over decades, and why it takes at least three years to make a true impact at work.Episode 10: Tarun Mehta of Ather Energy talks about doing hard things, going down multi-year rabbit holes, building companies over 30-40 years, and being chief storytellerThe Ken is India's first subscriber-only business journalism platform. Check out our deeply reported long-form stories, insightful newsletters, original podcasts, and much more here: https://the-ken.com/?utm_source=website&utm_medium=podcasts&utm_campaign=podcast_ep

MBAs – love them or hate them, but you can't ignore them. Over the years, they have taken over every business vertical – general management, sales and marketing, growth and strategy, human resources, and even product and technology. Name it, they have been there and done that.  But there was one bastion that remained unconquered by the MBAs for the longest. One last holdout – hardcore finance. Sitting at the apex of this pristine castle were the chartered accountants. Crunching numbers and calling the shots, out of reach and beyond attack. Or at least so they thought. Compliance used to be the moat for CAs, but companies need finance chiefs to see more than just the account books. They prefer proactive risk analysis, strategy, and financial planning. So, the generalist MBAs, with microscope in one eye and telescope in the other, look more attractive for the job. The MBA army has arrived at the CFO gates. The attack is real and from all sides – on curriculum, on relevance, and on pay packages. Will the accounting purists be able to hold the fort and defend themselves against the mighty army of MBAs? In this episode, I spoke to the best and brightest CFOs in our country, especially the ones who have done both a CA and an MBA – PayU India's CFO Arvind Agarwal; OYO's CFO Abhiskek Gupta; and co-founder and CFO of Cars24, Ruchit Aggarwal – to get an on-ground perspective. Tune in to find out more. This episode was written, produced, and hosted by Akshaya Chandrasekaran. Write to her to become a part of Cost to Company. 

En este episodio de Amigos TIC, Carolina Cáceres, de PayU, se une a la conversación para hablar sobre lel crecimientoo de las apuestas online en el país. Y cómo desde PayU vigilan la coomodidad del apostador dentro de su plataforma.Descubre cómo, PayU se adapta a las nuevas tecnologías y necesidades de sus apostadores para facilitar la participaión del publico objetivo. Escucha este episodio para conocer sobre PayU y el crecimiento en cifras de las apuestas en el país. ¡No te lo pierdas!04:36 Carolina Cáceres, de PayU 05:56 ¿Ha aumentadoo la apuesta online? ¿ Qué se evidencia desde PayU?07:11 Explocanos qué significa tu cargo09:14 ¿Qué hace PayU para proteger a los mñás vulnerables?11:24 ¿Qué cifras hay sobre el crecimiento de la industria?14:25 ¿Se podría decir que los apostadores ahora son buenos "analistas de datos"?16:33 ¿Es en futbol en lo quue más se apuesta?18:39 ¿Es posible que vuleva a disminuir en número de participantes esta industria?21:19 ¡Ojo al dato! con Mauricio23:48 ¿Cuál es la cantidad de dinero que mueven las apuestas?26:09 ¿Cómo funciona la plataforma en cuanto a métodos para pagar y recibir el dinero? 29:07 ¿Cómo son las apuestas desde dentro y fuera de Colombia?30:51 ¿Cómo son los porcentajes que las casas de apuestas deben asegurar que regresen a los apostadores?33:07 ¿Cómo es la participación de la mujeres en el mundo de las apuestas?

Overview: Today, we're going to talk about Yoco, the South African Point-Of-Sale FinTech company. We'll explore the story across the following areas: South African payments context Yoco's early history Yoco's Product & monetization strategy Yoco's Competitive positioning & potential exit options Overall outlook. This episode was recorded on Apr 9, 2023 Companies discussed: Yoco, Square, Flutterwave, PayFast, PayThru, PayU, DPO, Flutterwave, Paystack, Stripe, Ikhokha, MTN, Safaricom, Zapper, Visa, Interswitch, Nedbank, ABSA, FNB (First National Bank South Africa) & Wave Business concepts discussed: Merchants solutions, Points-of-Sale devices, SME Lending & hardware and software bundling Conversation highlights: (01:30) - Yoco context (07:30) - Africa / SA payments context (23:11) - Yoco Founding Story and Founders' background (40:45) - Fundraising and Growth (51:52) - Partnerships,  Acquisitions, and Team (59:20) - Key metrics (1:02:16) - Product Strategy (1:19:42) - Monetization strategy (1:30:50) - Competition (1:36:42) - Options for exit (1:49:06) - Bankole's overall thoughts and outlook (1:57:01) - Olumide's overall thoughts and outlook (2:07:14) - Recommendations and small wins Olumide's recommendations & small wins: Recommendation: I released my book called Firedom = FIRE (Financial Independence, Retire Early) + Freedom = personal finance and financial independence book. It was an incredible journey to get it out and I'm very excited about it. I think many people will really enjoy it. You can buy the audiobook, ebook or print here. Here's an excerpt from the full blog post announcement: Book Creation context: Around the end of 2022, I made a new friend when I met Samon, we instantly got along because we shared a lot in common: African immigrants who moved to America/Europe, worked in Management consulting and are in love with personal finance. We decided to embark on a project together and write a financial independence book we are calling Firedom!   What is Firedom book about? Living life intentionally + Personal finance + Financial independence + Personal Development + Freedom + Exploring your own unique path in life + Life adventures of two African immigrants Who is it for? Underdogs, outsiders, expats, nomads, minorities, immigrants interested in : Living their lives more intentionally to achieve Financial Independence Learning about people's life stories (turning points, challenges, flameouts, etc) Changing their mindset and psychological relationship with wealth Recommendation: Owl City - Unbelievable. I love the song so much because it reminds me of adventures and experiences growing up  Recommendation: Good Hair - Documentary by Chris Rock. Good shit. Reduced my ignorance level about African women hair Small win: Virgin Voyages cruise - First ever cruise. Very cool. Small win: No scrubs Karaoke on cruise. Too much fun. It was an experience. Bankole's recommendations & small wins: Recommendation: Economist Article on Nitrogen & Asake - 2:30 Small win: Moderating a panel at the Harvard Business School Africa Business Conference Other content: The Prosperity Paradox by Efosa Ojomo, Karen Dillon, Clay Christensen, Adyen pricing page & PayFast pricing page Listeners: We'd love to hear from you. Email info@afrobility.com with feedback! Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com Investors: It would be great to link up with you. Contact us at info@afrobility.com Join our substack mailing list where discuss more & find all episodes on Afrobility.com

Continuamos cubriendo el primer cyber days del año y mercado libre lo extenderá hasta el 12 de marzo, además la jornada de descuentos descuentos PayU, tambien hablamos de la Innovadora colección colombiana de NFTs, se vende en menos de una hora en crypto.com; las estafas hechas con voces clonadas con inteligencia artificial, los 23 años de Play Station y el top 3 de los países latinos que más ataques cibernéticos reciben.

E el programa de hoy hablamos con la gente de Payu sobre San Valentín, una fecha que tradicionalmente se celebra en Estados Unidos y Europa, pero que cada vez toma más fuerza y protagonismo en Colombia; además las aplicaciones de inteligencia artificial que son fáciles de usar y gratis, en el mudo Gammer:Nintendo anuncia aumento del 10% de los salarios a todos sus empleados en Japón y mucho más.

Amazon in talks to buy Indian video giant MX Player; Reddit says hackers accessed employee data following phishing attack; India lifts ban on PayU's LazyPay and some other lending apps

Amazon in talks to buy Indian video giant MX Player; Reddit says hackers accessed employee data following phishing attack; India lifts ban on PayU's LazyPay and some other lending apps

Love in the Air is one of my favorite BL dramas of 2022. With a starring cast new to the scene, Adapted from the novels “Love Storm” and “Love Sky” by MAME, two close friends in trouble, Rain and Sky, it takes them to meet Payu and Prapai, who are not only cunning saviours but also guys making storms in the two best friends' hearts. Find me on twitter: @BookDreamer01 @TVMovieMistress  Facebook group: www.facebook.com/groups/tvmoviemistress/ Send feedback: tvmoviemistress@gmail.com Become a Patreon: Tv Movie Mistress YouTube channel: https://www.youtube.com/tvmoviemistress

In a career spanning 25 years, Amrish Rau has been on multiple sides of the leadership equation. He's been a corporate leader, founder, professional CEO and angel investor. As the CEO of Pine Labs, the payments solution provider whose point of sale terminals can be seen in most Indian shops and stores, Rau says his ambition is to “make money from every transaction”.In 2016, Citrus Pay, an online payments provider Rau co-founded, was acquired by rival PayU for $130 million in cash. It was one of the biggest acquisitions back then.But Rau says it is also one of his biggest regrets. As a first-time founder, he made the decision to sell his company too quickly. As an entrepreneur, he says, “at the end of the day, you need your own horse and your own carriage. And you need to be able to hug it every day and saying, this is mine.”In this wide-ranging conversation Rau touches upon a range of topics. From creating corporate cultures to “FU money” to risk-taking to the evolution of fintech, there's interesting themes every few minutes.If you'd rather (or perhaps also) read than listen, we have also published the full transcript for this interview on our website. You can click here and read through it.And if you have any questions, thoughts, suggestions, or tips, please email them to podcasts@the-ken.com. We might not be able to reply to all of them but we do read every single one of them.

In this episode, we sit down with Karen Nadasen, CEO of PayU South Africa. PayU allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications.Karen discusses all things FinTech, molding your leadership style and the balance between risks and innovation.TalentintheCloud's Website: https://talentinthecloud.io/TalentintheCloud's LinkedIn: https://www.linkedin.com/company/talentinthecloud/Karen Nadasen's LinkedIn: https://www.linkedin.com/in/knadasen/PayU's Website: https://corporate.payu.com/Stacey Japhta's LinkedIn: https://www.linkedin.com/in/staceyjaphta/ 

This episode of Advertising Is Dead is a crossover with Think Fast and we have Varun Duggirala joined by Suchita Salwan, Co-Founder of LBB. They talk about founding companies, the journey and the story behind the business, scaling strategies, finding investors, and the role once it gets acquired. They also discuss Meta's new ad strategy which places businesses at an advantage, the recently concluded festive sales, Liquid Death's profits, and Cred enabling UPI payments to its users, among other things. You can follow Suchita Salwan on Twitter at https://twitter.com/suchitasalwan and on Instagram at https://instagram.com/suchitasalwanYou can follow Varun Duggirala on Twitter at: https://twitter.com/varunduggi and on Instagram at https://instagram.com/varunduggiFind full videos on the AiD YouTube ChannelThe show is available across platforms:Spotify | Apple Podcasts | Google Podcasts | JioSaavn | Gaana | Amazon MusicYou can listen to this show and other awesome shows on the new and improved IVM Podcast App on Android: https://ivm.today/androidor iOS: https://ivm.today/iosDo follow IVM Podcasts on social media.We are @IVMPodcasts on Facebook, Twitter, & Instagram.

This week's Espresso covers updates from R2, Auronix, Efinti, and more!Outline of this episode:[00:28] - R2 closes $15M Series A round[00:58] - Auronix receives $14.5M investment from Alloy Capital [01:26] - MEDU closes $4M seed round[01:53] - Plurall receives $20M in debt capital from Fasanara Capital[02:21] - Qanlex closes $3M seed round[02:50] - Efinti raises $1M in an investment round[03:12] - This week's new How to be the difference and Crossing Borders episodes[03:33] - Featured article on How to Recruit the Best LATAM Software Engineers by Gino FerrandResources & people mentioned:Companies & Startups: R2, PayU, Auronix, MEDU, Plurall, Qanlex, Efinti, Ontop, Leasy.VCs, Accelerators, Institutions: Gradient Ventures, General Catalyst, 166 2nd, Magma Partners, Femsa Ventures, Alloy Capital, MaC Venture Capital, Fasanara Capital, Carao Ventures, The LegalTech Fund, Preface Ventures, FJ Labs, J Ventures, Inversiones Andamas.People: Johanna Molina, Paul Lynskey, Julian Torres, Nathan Lustig, Gregorio Gilardini, Gino Ferrand.

A learning journey conversation with a fellow EMBA student. I recently completed an Executive MBA through the University of Cape Town's Graduate School of Business. With classes moving on-line (in 2020 and 2021) due to the covid-19 pandemic there wasn't enough time (for me) to connect with fellow students and hear about their research projects. In this episode, I speak to Karen Nadasen, CEO of PayU. Her research project focused on the relevance of open bank and how to assess whether open banking should be used. Karen patiently explained open banking to me, a non-finance technical person. Her study resulted in her theory of open banking, whether open banking is useful (i.e. would it make a difference if this model is applied) and how this could be applied to the South African banking system. Learn more about the UCT GSB's EMBA programme here · Reach out to Karen Nadasen here · Connect with Petro · Solid Gold Podcasts

A learning journey conversation with a fellow EMBA student. I recently completed an Executive MBA through the University of Cape Town's Graduate School of Business. With classes moving on-line (in 2020 and 2021) due to the covid-19 pandemic there wasn't enough time (for me) to connect with fellow students and hear about their research projects. In this episode, I speak to Karen Nadasen, CEO of PayU. Her research project focused on the relevance of open bank and how to assess whether open banking should be used. Karen patiently explained open banking to me, a non-finance technical person. Her study resulted in her theory of open banking, whether open banking is useful (i.e. would it make a difference if this model is applied) and how this could be applied to the South African banking system. Learn more about the UCT GSB's EMBA programme here · Reach out to Karen Nadasen here

We had the pleasure of chatting with Karen Nadasen in a recent episode of The Agile CTO. Karen is regularly described as one of South Africa's most inspiring women in tech. She is the current CEO of PayU South Africa, a global financial technology company and payment service provider. She has many accolades, including the Regional Winner (SADC) of Africa's Most Influential Women in Business and Government 2018. Guy Coleman and Alan Haefele chat to Karen about her role at PayU SA, her journey as a woman in Fintech and inspiring the next generation. This post is based on an episode of The Agile CTO podcast.  Listen to the full episode on Apple Podcasts, Spotify, or our website. 

On this episode of the #DStvPod, Larry Kwiririrayi speaks about Big Brother Naija, Some football predictions from pre-teens Zayne and Nenyasha Gombera, House of the Dragon updates, fan reactions from Zimbabwe qualifying for the T20 World Cup and how you can pay for DStv on PayU. All this and more.

Last week, Apple informed its customers in India that it will no longer store their card information on file and will not be accepting payments made by debit cards and credit cards for purchases or subscriptions on the App store or other Apple services in light of the upcoming RBI regulations.  It will still be accepting payments through UPI. The decision of the US giant surprised many. But not those who are scrambling to meet the RBI deadline on tokenisation of cards which is June 30, 2022. Come July 1, merchants, payment aggregators, payment gateways and acquiring banks can no longer store the card details of customers. Only card issuing banks and card networks can store the actual card data.  With businesses still reeling with the disruption caused by RBI's rules for card-based recurring payments that came into effect January 1 this year, another storm is brewing for them. Businesses and other entities that have stored any such data will have to purge them and apply tokenisation. Tokenisation is the replacement of a card number with an alternative code called the “token”. Once created, the tokenised card details will be used in place of the actual card number for online purchases initiated or instructed by the cardholder. A tokenised card transaction is considered safer as the actual card details are not shared with the merchant during transaction processing. It will cut the chances of card information leakage. For transaction tracking and reconciliation purposes, entities can store the last four digits of card number and card issuer's name. The customer's consent and OTP-based authentication is required for creating a token. A customer can, however, still choose not to tokenise his or her card. In such a case, customers will have to enter complete card details everytime they make a payment. This could lead to a decline in revenues for merchants as a significant number of conversions happen through saved cards. First RBI deadline to tokenise the card details was June 30, 2021. But at the request of merchants and payment aggregators, as well as card companies and banks, it was extended to December 31, 2021. And the deadline was again extended by six months. Earlier this month, Paytm said it had tokenized 2.8 crore cards across Visa, Mastercard and Rupay, accounting for 80% of monthly active cards on the the app. Other businesses are also nudging users to tokenize their cards in order to enjoy a seamless experience from July 1.   For instance, everytime a user opens the Swiggy app, he is greeted with a message at the bottom of the screen to secure his cards before June 30.  PayU, Razorpay, PhonePe, Worldline, Cashfree Payments and Pine Labs are among the companies that have come up with tokenisation solutions to help businesses transition to the new framework. Khilan Haria, VP and Head of Payments Product, Razorpay told Business Standard said that Visa, Mastercard, Rupay and Diners Club have gone live on its tokenisation platform with American Expresses expected to go live soon. However, it is not just card networks, but card issuing banks too have to come onboard.  With just about five weeks to go, where does the payments ecosystem stand in terms of its preparedness? Speaking to Business Standard, Khilan Haria, VP and Head of Payments Product, Razorpay says, he doesn't expect any large scale disruptions from July 1. According to him, 100% of Razorpay merchants are live on its tokenisation solution, and post tokenisation, card networks are ready to process transactions at scale. Majority of the banks are also expected to be ready, he added. Meanwhile, a lack of compliance by banks with RBI's rules on recurring payments is already leading to a large number of recurring transaction failures.   Razorpay's Haria said it would take about 6-9 more months for reaching the stabilisation phase where coverage would be near complete. Several banks are yet to integrate with m

Ashish Kashyap, Founder & CEO INDmoney chats with Sanjay Swamy, Managing Partner Prime Venture Partners.Ashish is the founder of INDmoney. He is also the Founder & ex-CEO of ibibo Group (goibibo, redBus & PayU). Prior to founding ibibo Group, Ashish was the Country Head of Google India, wherein he set up the India facing operations from ground up. Listen to the podcast to learn about05:00 - Founding & Scaling the ibibo Group(goibibo, redBus & PayU)14:30 - Making Financial Services Easily Accessible with INDmoney29:00 - Cryptocurrency: Regulation & Opportunities33:00 - 3 Important lessons From 20 yr Journey36:00 - Entrepreneurship Opportunities in IndiaClick here to read the full transcriptFound Ashish Kashyap's journey inspiring? Listen to Ryan Graciano and Credit Karma's journey next to learn more about the Fintech ecosystem, adjacent opportunities, the Thin-File Problem, monetisation of Credit Karma, how entrepreneurs should plan exits and more. Enjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: https://twitter.com/Primevp_inLinkedIn: https://www.linkedin.com/company/primevp/ This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes. Please share your feedback here: https://primevp.in/podcastfeedback

In this week's Espresso, we cover updates from Strike, Kambio, Picus Capital and more!Outline of this episode:[00:28] - Cybersecurity startup Strike raises $5.4M in a seed round.[01:02] - Proptech Kambio closes a $1M pre-seed round.[01:34] - Colombian startup Ayenda reaches 500 establishments in its low-cost hotel chain.[02:15] -VC firm Picus Capital will open offices in São Paulo.[02:43] -PayU acquired Colombian startup Ding and led a $46M investment for the Colombian fintech Treinta. [03:08] - Latest Crossing Borders episode revisiting Deepak Chhugani's interview. [03:21] - New episode of Entrepreneurship in Latam 101 on scaling a business to other countries.Resources & people mentioned:Companies & Startups: Strike, Kambio, Ayenda, Clara, Xepelin, Kamino, PayU, Ding, Treinta, NuvocargoVCs, Accelerators, Institutions: Picus Capital. Magma Partners, Greyhound Capital, FJ Labs, Canary, NXTP, VentureFriends, Latitud, Orok Ventures, First Check Ventures, PlugAndPlay, WeWork Alumni Fund, Bluebox Ventures, Assymetry Ventures, ProsusPeople: Santiago Dañino Beck, Nathan Lustig, Deepak Chhugani, Madeleine Clavijo, Mafalda Barros, Mariana Costa

In this week's Espresso, we cover updates from Treinta, Crehana, Softbank and more!Outline of this episode:[00:27] - Jüsto raises $152 million in a Series B. [01:07] -Treinta raises $46 million in a Series A.[01:41] -Crehana acquires the talent management startup Acsendo.[02:14] -Softbank's investment arm creates a new fund for Latin America called Upload Ventures.[02:39] -Alejandro Guízar's article on The future of work in the digital economy.[02:52] -Latest episode of Crossing Borders where Nathan Lustig revisits Caterine Castillo's interview.[03:04] -New How to be the difference podcast episode with Jaime Bermúdez.[03:19] -New episode of Entrepreneurship 101 on how to choose the right partners for your business. Resources & people mentioned:Companies & Startups: Jüsto, Treinta, Crehana, Acsendo, Softbank, Billpocket, Neivor.VCs, Accelerators, Institutions: Upload Ventures, Tarsadia Capital, Citius, Arago Capital, Foundation Capital, Quiet Capital, PayU, Prosus, Liontree, Ethos VC, Ten13, Soma Capital, FJ Labs, WeXchange.People: Alejandro Guízar, Nathan Lustig, Caterine Castillo, Jaime Bermúdez, Amparo Nalvarte, Andrea Baba, Johanna Molina, Paul Lynskey.

Francisco Léon, Chief Commercial Officer para América Latina en PayU, explica las cuatro tendencias más importantes que marcarán el sector de pagos digitales en 2022. En el primer episodio de esta nueva temporada conoce más sobre lo nuevo en pagos digitales: cripto, alianzas, medios de pagos locales y buy now, pay later.

Today on the show, we have Peter De Caluwe, the Executive Chairman and CEO of Thunes. Thunes is a B2B cross-border payments network for emerging markets. It provides transfer of funds between payment systems, including mobile wallet providers, money transfer operators and banks, in more than 100 countries and 60 currencies. We recorded this interview a while back, the company recently announced its $60 million Series B, which GGV Capital also participated as an existing investor. With more than 25 years of experience in FinTech, Peter is a specialist in electronic payments, e-commerce, credit cards in emerging markets. He was previously the CEO of Ogone, Naspers Payments and PayU. Having graduated with a Bachelor's in Marketing from Group T Leuven, a Belgium-based college, he has risen through the ranks to become a serial entrepreneur and investor. For the full transcript of the show, go to nextbn.ggvc.com Join our listeners' community, go to nextbn.ggvc.com/engage