Naspers' fintech startup PayU enters Southeast Asia

techcrunch.com

The company is laser focused on emerging markets like India and Latin America, now it has acquired a majority stake in Singapore-based Red Dot Payment to begin its push into Southeast Asia. Naspers is, of course, best known for being an early investor in Tencent, these days it has a big focus on payments and e-commerce in emerging markets. This deal seems like a timely reminder of the potential of Southeast Asia.

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