PayU completed the acquisition of a minority stake in Mindgate Solutions.

PayU, which offers digital payment solutions, completed the acquisition of a minority stake in Mindgate Solutions, which develops payment solutions for banks, government institutions, merchants, and corporates. Financial terms were not disclosed. “We are thrilled to join hands with PayU, whose global expertise and commitment to innovation align perfectly with our vision. This collaboration is a testament to the transformative work we’ve done and the exciting future ahead,” Guhan Muthuswamy, Mindgate Solutions Co-Founder & Software Architect.