Prosus is preparing to spin off PayU, its international payments business and plans to have the unit in a “listable” form by the end of 2024, interim CEO Ervin Tu says. 

PayU, founded in 2002, is a digital payments service provider with a presence in more than 50 markets. The platform is used by 450,000 merchants and millions of consumers — making it one of the biggest — and has fintech investments totalling more than $1bn...

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