Announced

Completed

PayU completed the acquisition of ZOOZ.

Synopsis

PayU, a fintech company that provides payment technology to online merchants, completed the acquisition of ZOOZ, that designs and develops application software. Financial terms were not disclosed. “After a year-long, productive partnership, our shared vision to create a new global standard in payments infrastructure is becoming a reality with PayU’s acquisition of ZOOZ. The unique contribution we bring to PayU is an advanced technological layer which not only helps merchants worldwide to upscale their operations and provide a better customer experience, but also offers analytics and optimization capabilities that equip them with unprecedented insights," Oren Levy, ZOOZ Co-Founder and CEO.

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