Multi Currency Pricing – the new PayU service supports Polish entrepreneurs in conquering foreign marketsThe cross-border trade is the driver of growth of the digital economy in the world. By 2020, the e-commerce industry will be worth about USD 3 trillion and as much as one-third of it will be cross-border - forecasts Laurent le Moal, CEO PayU. Only in Central & Eastern Europe, the value of the cross-border online trade will increase to USD 45 billion . PayU supports this trend and Polish entrepreneurs in conquering foreign markets, launching inter alia Multi Currency Pricing – the service facilitating purchases in Polish online shops for customers paying in a foreign currency.
In largest ever equity investment in a German fintech company, Kreditech receives EUR 110 million investment from PayU and expands strategic partnershipHamburg, 10 May 2017 – Kreditech, the leading technology group for digital consumer credit using machine-learning based underwriting, has closed a EUR 110 million investment from global online payment service provider PayU.
PayU and Kreditech agree global partnership to increase access to credit services in high growth, emerging markets.