Payments

Ovo was seen by some as the most complicated moving part in the GoTo merger.

In 2020, the fintech firm logged USD 14 billion in payment volume.

The startup’s revenue surged 150% in the first half of 2021.

The company currently serves 800 enterprise clients, 100,000 merchants, and 20 million consumers worldwide.

The firm aims to give back “10 billion man-hours” to finance teams across Southeast Asia each year.

Company founded by Ant Group veterans raises USD 138 million to expand reach.

Investors, CEOs, and executives gathered to discuss major trends in Southeast Asia’s tech industry.

The handshake between the two payment gateway giants will make PayU one of the largest online payment providers locally and globally by total payment volume.