PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

European technology company Prosus-owned PayU, and the country’s leading cash management firm CMS Info Systems, are in race to acquire majority stake in a payment solution firm Mosambee, two persons familiar with the development told VCCircle. Mosambee, operated by Synergistic Financial Networks Pvt. Ltd., is a payment solutions platform that claims ......