Naspers's PayU unit to acquire Turkish company Iyzico for $165m

Naspers's PayU unit to acquire Turkish company Iyzico for $165m

A logo sits on display inside the headquarters of Napsters Ltd., at the Media24 Ltd. office complex in Cape Town, South Africa. Photographer: Halden Krog/Bloomberg

Naspers Ltd.’s PayU agreed to buy Turkish digital payments company Iyzico for $165 million in its biggest fintech acquisition yet.

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