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PayU is a fintech company that provides payment technology to online merchants. The company was founded in 2002 and is headquartered in Hoofddorp, Netherlands. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications.As of 2018, the service is available in 17 countries: India, South Africa, Russia, Mexico, Brazil as well as Argentina, Chile, Colombia, Czech Republic, Hungary, Nigeria, Panama, Peru, Poland, Romania, Slovakia and Turkey. PayU is owned by the Naspers Group and its valuation is $5 billion.


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