The development comes a year after PayU received in-principle approval from the RBI in April 2024 to operate as an online payment aggregator
The IPO-bound payments solutions provider raised INR 1,013 Cr from its Dutch parent Prosus via a rights issue last month
A PA licence allows a fintech platform to onboard merchants and deploy digital payments solutions
Prosus-owned payment solutions major PayU India has received the final authorisation from the Reserve Bank of…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)