# Rapyd acquires a piece of PayU from Prosus for $610M
**URL:** https://community.rapyd.net/t/rapyd-acquires-a-piece-of-payu-from-prosus-for-610m/58825
**Category:** 📣 Announcements
**Created:** [August 1, 2023, 11:03am UTC](https://community.rapyd.net/t/rapyd-acquires-a-piece-of-payu-from-prosus-for-610m/58825 "2023-08-01T11:03:10Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@Community\_Team](https://community.rapyd.net/u/Community_Team)
#### Post date: [August 1, 2023, 11:03am UTC](https://community.rapyd.net/t/rapyd-acquires-a-piece-of-payu-from-prosus-for-610m/58825/1 "2023-08-01T11:03:10Z")
> **[Rapyd acquires a piece of PayU from Prosus for $610M to scale its...](https://techcrunch.com/2023/07/31/rapyd-acquires-a-piece-of-payu-from-prosus-for-610m-to-scale-its-fintech-as-a-service-platform/)**
>
> Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services to companies like Uber and Ikea, is taking a significant step forward in its growth with a big acquisition: it is...
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### Author:  [@Community\_Team](https://community.rapyd.net/u/Community_Team)
#### Post date: [August 2, 2023, 3:35pm UTC](https://community.rapyd.net/t/rapyd-acquires-a-piece-of-payu-from-prosus-for-610m/58825/2 "2023-08-02T15:35:59Z")
> Super excited to share this news! 🎉 [https://t.co/einxNZHidO](https://t.co/einxNZHidO)
>
> — Rapyd Developers (@RapydDevs) [August 1, 2023](https://twitter.com/RapydDevs/status/1686331413296009216?ref_src=twsrc%5Etfw)
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