{"id":7292,"date":"2019-11-07T19:33:14","date_gmt":"2019-11-07T14:03:14","guid":{"rendered":"https:\/\/blog.payumoney.com\/?p=7292"},"modified":"2019-12-30T17:51:42","modified_gmt":"2019-12-30T12:21:42","slug":"payus-global-ceo-laurent-le-moal-interview-with-mint","status":"publish","type":"post","link":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/","title":{"rendered":"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve"},"content":{"rendered":"

In an interview with Mint<\/a>, Laurent le Moal, PayU\u2019s Global CEO talks about the company\u2019s plans to build a data-based platform and digital ecosystem with different stakeholders in India, in which payments, credit and digital-led financial services can operate.<\/em>The interview was done in the context of digital payments in India witnessing an accelerated uptake following the government\u2019s push for a less-cash economy. Laurent also spoke about PayU\u2019s global footprint, adoption of digital services and Lazypay.<\/p>\n

\u201cWhat we are doing is building an ecosystem, which in our context means payments, credit and digital-led financial services. It\u2019s made up of a bunch of providers who are partners in different forms, coming together to meet the needs of consumers and merchants on these three needs. It\u2019s not us doing it alone. We work closely with banks, other financial institutions, fintechs, and other partners to co-create an ecosystem. We are just orchestrating it,\u201d said Laurent le Moal when asked about PayU\u2019s future plans. <\/strong><\/p><\/blockquote>\n

\u201cTo create a platform, what we build has to be open from the get-go. That\u2019s easier said than done. But that\u2019s the way we think about our credit platform. Take any big wallet in India and we are happy to be their platform for credit. To build an ecosystem, we also need to think around the consumer. Consumers have different payment providers for different things\u2014wallets, banks, apps for investing in mutual funds, and so on. You show a different view of yourself to each of these providers. We want to get a 360-degree view of the consumer by working with different providers, giving them access to our platform, which has a lot of consumers, merchants and their data, and vice versa. We also get access to their data, which gives us a particular view of the consumer to complete the picture. The more I know about who you are and what you aspire to do, the more I will be in a position to improve my products and build new products that suit your needs. If we have the data in place, we will be able to provide customized products to the consumer and accelerate innovation. It is also going to drive financial inclusion. Data can underwrite the risk of providing credit and financial services to people that banks won\u2019t serve because they have no way to manage the risk. One way to go about this is to make small investments in different providers to establish a partnership. This is what we are starting to do now to accelerate the formation of the ecosystem,\u201d he added.Read Laurent le Moal\u2019s full interview with Mint here.<\/a>With more than 4.5 lakh merchants, PayU is India\u2019s leading all-in-one payment solution<\/a>. Now to enjoy the best payment gateway experience and grow your business effortlessly,<\/p>\n

\n
\"\"<\/a><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In an interview with Mint, Laurent le Moal, PayU\u2019s Global CEO talks about the company\u2019s plans to build a data-based platform and digital ecosystem with different stakeholders in India, in…<\/p>\n","protected":false},"author":31,"featured_media":7312,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[392],"tags":[788,789,786,736,718],"yoast_head":"\nPayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve - PayU Blog<\/title>\n<meta name=\"description\" content=\"Laurent le Moal, PayU\u2019s Global CEO talks about PayU's plans to build a data-based platform and digital ecosystem with different stakeholders in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve - PayU Blog\" \/>\n<meta property=\"og:description\" content=\"Laurent le Moal, PayU\u2019s Global CEO talks about PayU's plans to build a data-based platform and digital ecosystem with different stakeholders in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/\" \/>\n<meta property=\"og:site_name\" content=\"PayU Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PayUind\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/megha.talwar.73\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-07T14:03:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-30T12:21:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2019\/11\/Lauren-Cover.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Megha Laroia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@meghatalwar88\" \/>\n<meta name=\"twitter:site\" content=\"@payuind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Megha Laroia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/\",\"url\":\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/\",\"name\":\"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve - PayU Blog\",\"isPartOf\":{\"@id\":\"https:\/\/payu.in\/blog\/#website\"},\"datePublished\":\"2019-11-07T14:03:14+00:00\",\"dateModified\":\"2019-12-30T12:21:42+00:00\",\"author\":{\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/b0207ff4f977bf3d4f784c2bd8efaf84\"},\"description\":\"Laurent le Moal, PayU\u2019s Global CEO talks about PayU's plans to build a data-based platform and digital ecosystem with different stakeholders in India.\",\"breadcrumb\":{\"@id\":\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/payu.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PayU In The News\",\"item\":\"https:\/\/payu.in\/blog\/category\/payu-in-the-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/payu.in\/blog\/#website\",\"url\":\"https:\/\/payu.in\/blog\/\",\"name\":\"PayU Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/payu.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/b0207ff4f977bf3d4f784c2bd8efaf84\",\"name\":\"Megha Laroia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b950997be39c6355a825f0f6f2c832f3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b950997be39c6355a825f0f6f2c832f3?s=96&d=mm&r=g\",\"caption\":\"Megha Laroia\"},\"description\":\"A logomaniac, a foodie and a marketing enthusiast! Megha is a writer with around 8 years of experience in working with media as well as marketing. Currently, working with the marketing team of PayU.\",\"sameAs\":[\"https:\/\/www.facebook.com\/megha.talwar.73\",\"https:\/\/www.linkedin.com\/in\/megha-laroia-a9796855\/\",\"https:\/\/twitter.com\/meghatalwar88\"],\"url\":\"https:\/\/payu.in\/blog\/author\/megha-laroiapayu-in\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve - PayU Blog","description":"Laurent le Moal, PayU\u2019s Global CEO talks about PayU's plans to build a data-based platform and digital ecosystem with different stakeholders in India.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/","og_locale":"en_US","og_type":"article","og_title":"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve - PayU Blog","og_description":"Laurent le Moal, PayU\u2019s Global CEO talks about PayU's plans to build a data-based platform and digital ecosystem with different stakeholders in India.","og_url":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/","og_site_name":"PayU Blog","article_publisher":"https:\/\/www.facebook.com\/PayUind\/","article_author":"https:\/\/www.facebook.com\/megha.talwar.73","article_published_time":"2019-11-07T14:03:14+00:00","article_modified_time":"2019-12-30T12:21:42+00:00","og_image":[{"width":720,"height":421,"url":"https:\/\/payu.in\/blog\/wp-content\/uploads\/2019\/11\/Lauren-Cover.png","type":"image\/png"}],"author":"Megha Laroia","twitter_card":"summary_large_image","twitter_creator":"@meghatalwar88","twitter_site":"@payuind","twitter_misc":{"Written by":"Megha Laroia","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/","url":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/","name":"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve - PayU Blog","isPartOf":{"@id":"https:\/\/payu.in\/blog\/#website"},"datePublished":"2019-11-07T14:03:14+00:00","dateModified":"2019-12-30T12:21:42+00:00","author":{"@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/b0207ff4f977bf3d4f784c2bd8efaf84"},"description":"Laurent le Moal, PayU\u2019s Global CEO talks about PayU's plans to build a data-based platform and digital ecosystem with different stakeholders in India.","breadcrumb":{"@id":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/payu.in\/blog\/payus-global-ceo-laurent-le-moal-interview-with-mint\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/payu.in\/blog\/"},{"@type":"ListItem","position":2,"name":"PayU In The News","item":"https:\/\/payu.in\/blog\/category\/payu-in-the-news\/"},{"@type":"ListItem","position":3,"name":"PayU\u2019s Global CEO Talks about How Data Can Help Underwrite Credit Risk of People That Banks Won\u2019t Serve"}]},{"@type":"WebSite","@id":"https:\/\/payu.in\/blog\/#website","url":"https:\/\/payu.in\/blog\/","name":"PayU Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/payu.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/b0207ff4f977bf3d4f784c2bd8efaf84","name":"Megha Laroia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b950997be39c6355a825f0f6f2c832f3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b950997be39c6355a825f0f6f2c832f3?s=96&d=mm&r=g","caption":"Megha Laroia"},"description":"A logomaniac, a foodie and a marketing enthusiast! Megha is a writer with around 8 years of experience in working with media as well as marketing. Currently, working with the marketing team of PayU.","sameAs":["https:\/\/www.facebook.com\/megha.talwar.73","https:\/\/www.linkedin.com\/in\/megha-laroia-a9796855\/","https:\/\/twitter.com\/meghatalwar88"],"url":"https:\/\/payu.in\/blog\/author\/megha-laroiapayu-in\/"}]}},"_links":{"self":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/7292"}],"collection":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/comments?post=7292"}],"version-history":[{"count":12,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/7292\/revisions"}],"predecessor-version":[{"id":7831,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/7292\/revisions\/7831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media\/7312"}],"wp:attachment":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media?parent=7292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/categories?post=7292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/tags?post=7292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}