33 Finance Monthly FinTech Awards 2022. Ne t he r l ands Firm Profile PayU is a truly global company, operating in 50+ markets and home to 43 different nationalities. We’re a global fintech investor, but our main investment is in people. We are diverse and ambitious, and obsessed with our vision: creating a world without financial borders where everyone can prosper. This drives everything we do, from investing in technology entrepreneurs, to offering credit to underserved individuals, to helping merchants around the world buy, sell and operate online. Being part of Prosus, one of the largest technology investors in the world, helps give us the presence and expertise to make an impact. Powering more than 3.2 million daily transactions, PayU’s suite of global payment solutions are trusted each day by more than 450,000 merchants and millions of customers around the world. As an advanced provider of online payments for companies ranging from small and medium enterprises to some of the biggest names in global e-commerce, PayU enables merchants of any size, in any market, to benefit from industry-leading tools to securely process online payments, maximize conversions and payment approvals, and boost online revenue. PayU’s PCI-certified online payment gateway combines advanced technology and analytics with simple and straightforward tools to ensure the most important aspects of security and regulatory compliance when it comes to accepting online payments. Offering one of the industry’s largest selections of local and global online payment methods, our platform leverages the latest tools in AI and global fintech to help merchants offer a smooth checkout experience to any customer around the world – all through a single global API. Buy Now, Pay Later (BNPL) is becoming an increasingly powerful part of the e-commerce landscape – particularly in emerging markets. From standard checkout options that give customers the ability to pay off their entire order within a fixed period, to installment payments spread over a longer duration, BNPL products help more consumers to access credit, while helping merchants to increase online sales and average order values. Buy Now Pay Later options offer a more consumerfriendly way to access credit when paying for online products – and can serve as a source of alternative credit to customers not covered by traditional financial products. By extending more payment flexibility to online About Laurent le Moal Laurent was appointed CEO, PayU in 2016 and is a member of the Prosus Executive Team. He is responsible for developing our global fintech proposition, including all payments and credit operations across 18 high-growth markets as well as all strategic fintech investments. Laurent has guided the company to profitability and PayU’s volume of payments (TPV) has doubled in the last two years to nearly $30 billion. He has secured near to $1 billion of investments in fintech partnerships and acquisitions, notably Citrus Pay and Paysense in India, Iyzico in Turkey and Remitly in the US, where he is also a member of the board. Laurent holds an MBA from the London Business School and is a graduate of Bocconi University in Italy and HEC in France. shoppers, BNPL expands the affordability and accessibility of e-commerce, helping more people to participate in the digital economy. Merchants offering BNPL in select PayU markets benefit from increased sales due to improved conversions along with transaction values up to 10 times higher than for other payment methods. With a variety of secure repayment options, your customers feel more comfortable making bigger purchases online. Meanwhile, through the credit products offered by PayU and our partners, merchants are paid out at the time of purchase, eliminating any risk. Many people are familiar with PayU as the leading payment service provider in some of the world’s most exciting emerging markets. Investment, however, has always been at our core. Our company began life as an amalgamation of investments made by the Naspers Group (now Prosus), one of the largest technology investors in the world. And we’ve now reached a significant milestone ourselves, having invested $1 billion in a diverse range of our own fintech partnerships.