Published by Global Banking & Finance Review®
Posted on June 23, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleProsus delays PayU's IPO to focus on business improvements over the next 6-12 months, shifting the listing timeline beyond 2025, according to CFO Nico Marais.
JOHANNESBURG (Reuters) -Dutch technology investor Prosus is not planning to list Indian digital payments and lending firm PayU this year, with the focus on improving the business over the next six to 12 months, its chief financial officer said on Monday.
While Prosus hoped to list PayU by 2025, "that is not going to be our focus in the next year. Our focus is actually going to be to improve that business," Nico Marais, Prosus's chief financial officer told Reuters.
(Reporting by Nqobile Dludla; Editing by Joe Bavier)
Prosus has decided to postpone the PayU IPO to concentrate on enhancing the business operations over the next year.
Prosus had hoped to list PayU by 2025, but that is no longer the focus for the upcoming year.
Nico Marais is the chief financial officer of Prosus.
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