| Date | Title | Description |
| 04.09.2024 | Credit card market in India to double by 2028-29: Pwc | The number of credit cards in India is expected to reach 200 million with a CAGR of 15 per cent, highlighted a report by PwC.
The report stated that the credit card industry has experienced significant expansion, doubling the number of cred... |
| 02.09.2024 | Fintech Pine Labs Announces Strategic Organizational Restructuring | Listen to this article
0:00 / 2:02
1X BeyondWords
Industry veteran and Pine Labs’ Chief Transformation Officer Sumit Chopra transitions to a new role of COO – Pine Labs, Digital Payments.
In this new role, Sumit will lead the digital paymen... |
| 29.08.2024 | Pine Labs, Visa launch sound device for digital payments | Visa, a leading digital payments services company, is partnering with fintech company Pine Labs to scale up digital payments acceptance across the country.
The partnership aims to upgrade the in-store payment experience of millions of merch... |
| 28.08.2024 | Pine Labs Launches Soundbox Device For Merchants To Accept Mobile & Card Payments | SUMMARY
Dubbed ‘Pine Labs Mini’, the soundbox-enabled device allows merchants to accept both mobile and card payments across the Visa, Mastercard, American Express and RuPay networks
The device has a built-in ‘tap and pay’ feature through w... |
| 28.08.2024 | The Future of FinTech in India: Global FinTech Fest Outcome In a recent discussion at the Global FinTech Festival, Shailendra Singh, Dilip Asbe and Amrish Rau, comprehensively take on the dynamic worl... | In a recent discussion at the Global FinTech Festival, Shailendra Singh MD of Peak XV Ventures offered a comprehensive take on the dynamic world of FinTech, setting the stage for a broader conversation on the sector's future. Singh categori... |
| 19.08.2024 | India to focus on green energy with Malaysian PM arrival
Kochi Water Metro: Mattancherry Service Launching in October
Mumbai Metro 3 Phase 1 Launch by September
Delhi Metro Phase 4 to Feature Platform... | POWER & RENEWABLE ENERGY India to focus on green energy with Malaysian PM arrival
19 Aug 2024 2 Min Read CW Team
Malaysian Prime Minister Anwar Ibrahim is set to arrive in India, with a focus on securing Indian investments to help revit... |
| 19.08.2024 | Pine Labs Takes Another Step Towards Moving Base To India, Gets Initial Nod From NCLT | SUMMARY
The proposed amalgamation of Pine Labs’ Singapore entity with the Indian subsidiary would allow Pine Labs to “achieve business synergies and more economies of scale”
The fintech startup will now approach MCA, RoC, RBI, and other gov... |
| 02.08.2024 | Fave founder on most ‘challenging’ exit and why he left | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Melissa Goh · 10h ago · 6 min readFave founder on most ‘challenging’ exit and why h... |
| 27.07.2024 | The Future of Innovation: Leo Capital and Hitachi Vantara Lead the Charge | In the fast-paced world of technology, innovation is the lifeblood that fuels growth. Two players, Leo Capital and Hitachi Vantara, are at the forefront of this revolution, each carving out a unique niche in the landscape of venture capital... |
| 24.07.2024 | Leo Capital: Supporting Innovation Across Tech Sectors Leo Capital has raised around USD 200 million across three early-stage funds, backing over 50 startups in diverse sectors including B2B SaaS, fin... | Leo Capital, an early-stage tech-centric venture capital firm, was founded in 2018 by Rajul Garg and Shwetank Verma, later joined by Dinesh Singh and Ravi Srivastava. With investments across India, the USA, Singapore, and Europe, Leo Capita... |
| 21.06.2024 | Fintech Major Pine Labs Eyeing $1 Bn IPO In India | SUMMARY
Pine Labs is likely to seek a valuation of over $6 Bn for its IPO
This is the fintech unicorn’s second attempt at a public listing. Earlier, it filed IPO documents with the US SEC but didn’t go ahead with the public listing plans
Li... |
| 12.06.2024 | Vitruvian Partners Ropes In Kedaara Capital MD Kartikeya Kaji As India Head | SUMMARY
Kaji is said to have been appointed to speed up Vitruvian Partners’ expansion in India
He has previously worked for PE giants such as Clayton Dubilier & Rice and Temasek Holdings, among others
Vitruvian’s India portfolio include... |
| 11.06.2024 | 29 Fintech Leaders Make Forbes 30 Under 30 Asia List This Year | - |
| 05.06.2024 | Turkey Fintech: Sipay Raises $15 Million Series A | Sipay, a company that claims to be the fastest-growing Fintech in Turkey, is reporting a $15 million Series A funding round.
Sipay states that investors participating in the round include Jitendra Gupta of Citrus Pay and Jupiter, Amrish Rau... |
| 30.05.2024 | Google Wallet's Partnership With Pine Labs Helps Manage Gift Card Feature Google officially introduced the Google Wallet app in India earlier this month. Now, the company has announced a partnership w... | - |
| 30.05.2024 | Google Wallet partners with Pine Labs to help manage gift cards within app | - |
| 21.05.2024 | Pine Labs Gets Singapore Court Approval to Shift Domicile to India | - |
| 21.05.2024 | Pine Labs gets approval from Singapore court to relocate base to India | - |
| 20.05.2024 | Pine Labs receives Singapore Court nod to shift base to India | Merchant commerce and payments platform Pine Labs has received approval from a Singapore court to amalgamate its local entity, Pine Labs Limited (PLS) with its Indian company, Pine Labs Private Limited (PLI).
PLS’s whole undertaking includi... |
| 20.05.2024 | Pine Labs gets court nod to shift Singapore ops to India | FintechNewsStartups
Samreen Ahmad · 1d ago · 1 min readPine Labs gets court nod to shift Singapore ops to India
Photo credit: Pine Labs
Pine Labs, a merchant platform, has secured a Singapore court approval to move its operations in the cit... |
| 20.05.2024 | Pine Labs receives Singapore Court nod to shift base to India | Payments firm Pine Labs has received approval from a Singapore court to merge its India and Singapore entities, Pine Labs Limited (PLS) and Pine Labs Private Limited (PLI).
This move is aimed for Singapore-based Pine Labs, to move its domic... |
| 13.05.2024 | Flipkart targets to shift domicile from Singapore to India | E-commerce major Flipkart is planning to shift its domicile or holding company from Singapore to India, according to a media report. With this, it will join several late stage companies which are also planning to move back to India over the... |
| 09.05.2024 | Groww moves domicile to India from the US | Full-stack financial services platform Groww has completed its domicile transition back to India from the US. The company’s co-founder and chief executive officer Lalit Keshre confirmed the development through a post on X (formerly Twitter)... |
| 07.05.2024 | Pine Labs-Owned Setu Partners SarvamAI To Build LLM For Financial Services | SUMMARY
Called Sesame, the LLM has been developed in collaboration with SarvamAI, and has been trained on custom local data relevant to the sector
The model leverages internal company data to help enterprises improve processes such as credi... |
| 06.05.2024 | UGRO Capital introduces embedded financing for small merchants’ credit needs | UGRO Capital Limited , a DataTech NBFC focused on MSME lending, today announced a significant development that underscores its commitment to growth, innovation, and delivering value to stakeholders. UGRO Capital's Board of Directors has app... |
| 30.04.2024 | Groww receives RBI approval to operate as payment aggregator | Fintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment aggregator. The firm has joined several fintechs which recently received similar approval from the central bank.
RBI has granted the licence ... |
| 25.04.2024 | API Infrastructure Fintech Setu Appoints Anand Raisinghani as CEO | API infrastructure Fintech Setu has announced the appointment of Anand Raisinghani as its new CEO.
Anand is said to vast experience in “building high-performance teams and joins at a time when consent-based structured data sharing via the A... |
| 24.04.2024 | PayU to onboard new merchants as it gets PA license from RBI | PayU has received in-principle approval from The Reserve Bank of India (RBI) to operate as a payment aggregator. The nod will also allow the fintech firm to onboard new merchants on its platform.
Back in January 2023, the apex banking body ... |
| 23.04.2024 | Pine Labs’ Setu appoints former SAP India VP Anand Raisinghani as CEO | Setu,an API infrastructure company, has appointed Anand Raisinghani as its new CEO.
Prior to joining Pine Labs’ controlled Setu, Raisinghani was the Vice President and Head (Professional Services), BFSI, Telecom, and Media, at SAP India.
He... |
| 22.04.2024 | Pine Labs' Setu names former SAP India executive Raisinghani as its CEO | - |
| 19.04.2024 | Fintech CRED secures in-principle approval for payment aggregator license | CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster.
The Bengaluru-headqu... |
| 15.04.2024 | Zerodha’s Nikhil Kamath launches WTFund for young entrepreneurs | ETtechWTFund team (from left) Vivek Kamath, Arshia Mal, Nikhil Kamath, Harnidh Kaur and Suchet Kumar
Zerodha cofounder Nikhil Kamath has launched a non-dilutive, grant-based fund for entrepreneurs aged 25 and under.
The sector agnostic fund... |
| 14.04.2024 | RBI to bring POS players under license regime | It appears that a new category of licenses is soon to be added in the world of financial services. To tighten the offline payments ecosystem, the Reserve Bank of India (RBI) is expected to come out with guidelines for issuing licenses to op... |
| 10.04.2024 | Swiggy's Valuation Soars to $12.7 Billion | Swiggy, the Bengaluru-based food delivery decacorn, has seen its valuation skyrocket to $12.7 billion, thanks to a markup by US investor Invesco. This marks the second time Invesco has increased Swiggy's value, making it the third overall m... |
| 09.04.2024 | Invesco marks up Swiggy’s valuation to $12.7 Bn | Swiggy has once again witnessed a valuation mark up to $12.7 billion by US-based investor Invesco. This is the second markup in its value by Invesco and overall third for the Bengaluru-based foodtech decacorn.
This is an 18% jump in the val... |
| 03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
| 31.10.2023 | Fintech Fave Joins Monetary Authority of Singapore in PoC to Enable Interoperability Across QR Payments Ecosystem | Fave, a consumer fintech platform in Southeast Asia and India, has announced its participation in the SGQR+ POC led by the Monetary Authority of Singapore (MAS).
The SGQR+ POC will be limited “to Districts 16 and 17 of Singapore and showcas... |
| 06.06.2023 | Online Payments Report: Indian Households to Make Over 50% Non-Cash Transactions by FY26 | Redseer Strategy Consultants released a report titled ‘Future of Online Payments’ in collaboration with Plural by Pine Labs.
The report “highlights growth projections for the forecast period FY23-26 and shares insights on segments like UPI,... |
| 27.01.2023 | Enigmatic Smile Announces Strategic Partnership with Pine Labs | Mumbai, Maharashtra, India
Enigmatic Smile is a Reward Technology Provider, focussed on linking high value rewards to consumers’ payment cards. It works seamlessly, and invisibly, in the background of existing reward programmes, re-directin... |
| 01.12.2022 | 2C2P and Pine Labs to Expand Buy Now Pay Later Acceptance in Southeast Asia | SINGAPORE, Dec. 1, 2022 /PRNewswire/ -- 2C2P, a global payments platform and leading merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) across Asia in six key markets, namely Singapore, Malays... |
| 17.10.2022 | Southeast Asia’s Pine Labs Announces Pay Later EMIs on Branded Wearables | Merchant commerce omnichannel platform, Pine Labs announced that it has “entered the wearables segment in the consumer electronics category.”
Shoppers in India can now “purchase wearable devices of select brands on a Buy Now Pay Later arran... |
| 26.06.2022 | Indian unicorn Pine Labs buys fintech firm in up to $75m deal | AcquisitionsFintechInvestmentsNewsStartups
Deepti Sri · 27 Jun 2022 · 2 min readIndian unicorn Pine Labs buys fintech firm in up to $75m deal
India-based merchant platform Pine Labs has acquired fintech infrastructure provider Setu in a cas... |
| 23.06.2022 | Pine Labs Acquires API Infrastructure Platform Setu | Noida, India-based merchant payments and lending platform Pine Labs acquired fintech startup Setu. The deal was reported on June 23rd, 2022. Banglore, India-based startup Setu is an application programming interface (API) infrastructure ope... |
| 12.04.2022 | Pine Labs investment boosts Mosambee’s valuation to $100m | FintechInvestmentsNews
Budi Sutrisno · 12h ago · 1 min readPine Labs investment boosts Mosambee’s valuation to $100m
India-based merchant platform Pine Labs has made a “significant majority investment” into Mosambee, a local end-to-end paym... |
| 30.03.2022 | 🇮🇳 Roundup: CredAble says it disbursed $3b in 2021 | InvestmentsNewsStartups
Kul Bhushan · 1d ago · 1 min read🇮🇳 Roundup: CredAble says it disbursed $3b in 2021
Startups in India, including Pine Labs, CityMall, FarMart, Seekho, Pi Beam, Upcred, and OSlash, have raised at least US$167.1 millio... |
| 30.03.2022 | Indian fintech unicorn Pine Labs gets $50m from UK investment firm | Business-to-businessEcommerceFintechNews
Roehl Niño Bautista · 1d ago · 1 min readIndian fintech unicorn Pine Labs gets $50m from UK investment firm
Indian unicorn Pine Labs has secured US$50 million in investment from London-based Vitruvia... |
| 23.02.2022 | India-based Pine Labs raises USD 150 million from Alpha Waves | Indian Fintech company Pine Labs raised USD 150 million from Alpha Waves Global on February 19, 2022. The company raised USD 870 million in the last seven months. The fund comes from a blend of primary and secondary funding from Alpha Wave ... |
| 21.10.2021 | Kotak Mahindra Bank : Partners Pine Labs as it scales up its Merchant Acquiring Business | Media Release
Kotak Partners Pine Labs
as it scales up its Merchant Acquiring Business
Mumbai, 21st October, 2021: Kotak Mahindra Bank Limited (KMBL) today announced that it has entered into a partnership with Pine Labs, a leading merchant ... |
| 28.09.2021 | Nearly as old as Google, Pine Labs is betting on these two segments to make it worth $6 billion | The 23-year old Pine Labs is betting on ‘buy now, pay later’, or BNPL, as well as its new acquisition of Fave, for future growth.
These strategic pivots are being put under spotlight before an impending initial public offering (IPO) in the ... |
| 16.09.2021 | Invesco Developing Markets Fund invests USD 100M in Pine Labs | NEW DELHI, Sept. 16, 2021 /PRNewswire/ -- Pine Labs, one of Asia's leading merchant commerce platforms, today announced a new investment round in the company with the entry of Invesco, a US-based investment management company. Invesco Devel... |
| 10.08.2021 | CRED founder Kunal Shah joins the board of merchant platform Pine Labs | Advertisment
Meanwhile, Pine Labs also said that it expanding its footprint in global markets with its Buy Now Pay Later offering, provides gift cards and stored value solutions through its subsidiary Qwikcilver. In April this year, It ann... |
| 20.07.2021 | Indian Fintech Pine Labs Appoints PayPal’s Rangarajan as its Head of Engineering | India’s leading payment gateway Pine Labs has appointed Rangaprasad Rangarajan as the Head of Engineering – Online Payments. The company aims to build an offline-to-online strategy with recent US $600 million fundraisings besides developing... |
| 13.07.2021 | Four Indian Fintechs to Raise up to $3 Billion via IPOs This Year | The Fintech sector in India is getting greener by the day. At least four large Indian fintechs are readying themselves for a big bang public listing this year as the Covid-triggered pandemic has accelerated the growth of these companies. To... |
| 07.07.2021 | India's Pine Labs picks up $600M+ | Pine Labs, the India-based developer of a merchant commerce platform, has raised over $600 million in a round backed by Fidelity Management & Research, BlackRock, Ishana, Tree Line and others. Serving merchants of various sizes across A... |
| 07.07.2021 | Pine labs closes $600mn fundraise at $3bn valuation; may not be last fundraise before US listing in 18 months | Amrish Rau
Fintech giant Pine Lab today announced its closed a $600 million fundraise, out of which $285million was raised and announced a little over a month ago. New investors include Fidelity, Blackrock, Neuberger Berman and Kotak Fund. ... |
| 06.07.2021 | Pine Labs closes latest fundraise at $600 million, eyes US listing | Pine Labs closes latest fundraise at $600 million, eyes US listingPremiumPine Labs is eyeing an additional fund raise by the end of 2021, as it looks to expand into new geographies of the Middle East by early next year. (Photo: Mint) 3 min ... |
| 06.07.2021 | Pine Labs Raises More Money: $600 Million Funding Round | Pine Labs is raising more money, according to a statement from the firm. Pine Labs says that Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, and a fund advised by Neuberger Berman Investment Advise... |
| 06.07.2021 | Pine Labs Raises USD600M in Funding | Pine Labs, a Singapore-based provider of a merchant commerce platform, raised USD600M in funding.
Backers included new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, and fund advised by ... |
| 06.07.2021 | Pine Labs announces a total round size of USD 600M | NEW DELHI, July 6, 2021 /PRNewswire/ -- Pine Labs, one of Asia's leading merchant commerce platforms, today announced an investment round with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock... |
| 06.07.2021 | Pine Labs gets funding at $3.5-billion valuation ahead of US IPO | Amrish Rau, co-founder and chief executive oficer, Pine Labs.
Mumbai: Payments and merchant commerce startup Pine Labs has raised $315 million from a slew of new investors such as Fidelity Management, as well as funds managed by BlackRock, ... |
| 06.07.2021 | India: Pine Labs raises $600m funding round from Fidelity, BlackRock, others | Pine Labs, a merchant commerce platform, Tuesday announced that it has closed a $600-million funding round from new investors including Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advise... |
| 06.07.2021 | Pine Labs announces a total round size of USD 600M | |
| 06.07.2021 | Pine Labs announces $600 million in funding | The company is backed by Sequoia Capital, Temasek Holdings, Actis, PayPal and Mastercard among others
Pine Labs has raised $600 million from a clutch of new investors including Fidelity Management & Research Company, funds managed by Bl... |
| 06.07.2021 | Pine Labs : announces a total round size of USD 600M | NEW DELHI, July 6, 2021 /PRNewswire/ -- Pine Labs, one of Asia's leading merchant commerce platforms, today announced an investment round with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock... |
| 05.07.2021 | Asian merchant commerce giant Pine Labs secures $600 million | Pine Labs said on Tuesday it has closed a $600 million financing round as the Asian merchant commerce platform sets the goal to explore the public markets within two years.
Fidelity Management & Research Company, BlackRock, Ishana, as w... |
| 21.05.2021 | Pine Labs Completes First Close of $285M Funding | Pine Labs, a Singapore-based merchant commerce platform, completed a first close of $285m funding.
Backers included Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management and existing investors ... |
| 17.05.2021 | IPO-Bound Pine Labs Raises $285 Mn At $3 Bn Valuation | Bengaluru based fintech unicorn Pine Labs, said on Monday it has completed the first tranche of a $285 Mn funding round as the firm looks to expand its business.
Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and... |
| 17.05.2021 | Pine Labs Raises $285 Mn At $3 Bn Valuation | May 17, 2021 2 min read
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Fintech unicorn Pine Labs has raised $285 million in a new round of ... |
| 17.05.2021 | Indian startup Pine Labs valued at USD 3 billion after a new round of fundraising | An Indian startup, a merchant commerce platform Pine Labs has raised USD 285 million in the latest series of fundraising, as announced on May 17, 2021, thus increasing the value of the company from USD 2 billion as of December 2020 to USD 3... |
| 17.05.2021 | Pine Labs raises $285 mn in new funding round | Several public market cross-over investors participate in the round
Pine Labs, a merchant commerce platform, has announced the completion of first close of its ongoing funding round, raising $285 million from public market cross-over invest... |
| 17.05.2021 | Pine Labs raises $285 million in new funding round | ETtechThe current round of Pine Labs funding includes significant secondary transactions from the company’s founder Amrish Rau, employees and early shareholders.
Bengaluru: Pine Labs, the digital payments and commerce solutions provider to ... |
| 17.05.2021 | Asian Merchant Commerce Platform Pine Labs Acquires Additional Funding, Now Valued at $3B | Mastercard-backed Pine Labs, an Indian merchant commerce service provider, has finalized the first close of $285 million in funding at a $3 billion valuation.
Pine Labs provides payment terminals, invoicing tools, and working capital to ove... |
| 16.05.2021 | Merchant commerce platform Pine Labs valued at $3 billion in new fundraise | Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it has completed the first close of a $285 million funding as the nearly two-decade-old firm looks to expand its offerings an... |
| 16.04.2021 | Indian Merchant commerce platform Pine Labs acquires Singapore-based startup Fave | Indian merchant commerce platform, Pine Labs has acquired Southeast Asian startup Fave in a deal valued at US$ 45 million. With this deal, Pine Labs looks forward to strengthening its consumer-focused offerings in the domestic and internati... |
| 13.04.2021 | Pine Labs acquires fintech startup Fave for $45 million | Advertisment
It claims to have a user base of more than 6.1 million, using its smart payments app across 40,000 merchants in Indonesia, Malaysia, and Singapore.
Commenting on the development, Joel Neoh in a statement said, "Really ex... |
| 13.04.2021 | With acquisition of Fave, Pine Labs eyes consumer payments and e-comm space | Singapore-incorporated Pine Labs has acquired Malaysia-based payments platform Fave in a $45 million cash and stock deal, a move that will enable the Point of Sales or PoS company to get into the e-commerce enablement and consumer payments ... |
| 04.03.2021 | India-Based Merchant Commerce Platform Pine Labs Announces Southeast Asia Expansion Through Mastercard Partnership | Pine Labs, an India-based merchant commerce platform, announced on Thursday it is expanding its services to Southeast Asia, thanks to key organizational changes.
As previously reported, Pine Labs notably offers a merchant platform that incl... |
| 17.01.2021 | High-stakes: PayPal Ventures | High-stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights about the portfolio of companies they’ve invested in, industries they focus on, and their investment proc... |
| 22.12.2020 | Pine Labs raises $75-100 million in fresh funding at $2 billion valuation | ETtechIllustration: Rahul Awasthi
Pine Labs has raised $75-$100 million led by US-based billionaire Stephen Mandel's hedge fund Lone Pine Capital, valuing the Noida-based merchant-commerce startup at more than $2 billion.
This makes Pine La... |
| 21.12.2020 | Indian payments company Pine Labs reaches USD 2 billion valuation with fresh funding | Indian payments solution firm Pine Labs—the first company to become a unicorn this year—has raised a fresh round of funding from Lone Pine Capital at a valuation of USD 2 billion.
Although the company did not disclose the size of the deal, ... |
| 21.12.2020 | Pine Labs' valuation crosses $2 billion as it raises fresh funds from Lone Pine Capital | Indian fintech startup Pine Labs has raised an undisclosed amount of funding from Lone Pine Capital.
Earlier in January 2020, the startup had achieved unicorn status after an investment from MasterCard.
Pine Labs claims to process payments ... |
| 20.10.2020 | India’s Fintech Industry Growing Strong Despite COVID-19 | Home to more than 2,100 fintech companies, India is one of the world’s largest fintech markets, after the US, China and the UK. Despite the massive disruption brought by COVID-19, fintech companies remain bullish on the long-term growth pro... |
| 06.07.2020 | Sequoia announces $1.35 billion venture and growth funds for India and Southeast Asia | Sequoia Capital India on Monday announced it has secured $1.35 billion from LPs for two new funds as the storied venture firm looks to ramp up its investments in the world’s second-largest internet market and Southeast Asia.
The two new fun... |
| 24.01.2020 | Pine Labs Receives Investment from Mastercard | Pine Labs, a Singapore-based merchant commerce platform, received an investment from Mastercard (NYSE:MA).
Terms of the deal were not disclosed.
The relationship aims to expand omnichannel payment options for consumers in South Asia and bey... |
| 24.01.2020 | India-Based Merchant Commerce Platform Pine Labs Scores Investment From Mastercard | Pine Labs, an India-based merchant commerce platform, has received a significant investment from multinational financial services giant Mastercard. According to Pine Labs and Mastercard, the investment is part of a partnership to continue t... |
| 29.07.2019 | Pine Labs gets ₹707-cr funding from parent | Payments solutions company Pine Labs has received a fund infusion of about ₹707 crore from its parent, as per the regulatory filings.
“Approval is hereby given for the issue and allotment of 2,35,78,605 equity shares of face value of ₹1 eac... |
| 18.04.2019 | Pine Labs to Acquire Qwikcilver for, US$110M | Pine Labs, a New Delhi, India-based merchant platform company, is to acquire Qwikcilver, a Bangalore, India-based gift card solutions provider, for US$110m, subject to closing conditions.
The acquisition, which has been funded from the comp... |
| 31.05.2018 | PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs | Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round.
The financing jo... |
| 31.05.2018 | Top tech startup news stories you need to know this Thursday, May 31 | Good morning! Here are some of the top tech startup news stories for today, Thursday, May 31.
Pine Labs raises $125 million from Singapore’s Temasek and PayPal. Pine Labs, a leading provider of retail POS (Point of sale) solutions, announc... |
| 30.05.2018 | Top 10 Most Well-Funded Fintech Startups In India | In the past years, fintech has emerged as one of the hottest sectors in India’s Internet play with funding pouring in and global players like Google and WhatsApp looking to getting a piece of the pie. NASSCOM predicts that the Indian fintec... |
| 15.03.2018 | Pine Labs Raises $82M in Funding | Pine Labs, a Noida, India-based digital payments platform, raised $82m in funding.
The round – which is reported to value the company, at $1 billion – was led by Actis Capital, with participation from Altimeter Capital.
The company will use... |
| - | IPO-Bound Pine Labs Raises $285 Mn At $3 Bn Valuation | Bengaluru based fintech unicorn Pine Labs, said on Monday it has completed the first tranche of a $285 Mn funding round as the firm looks to expand its business.
Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and... |
| - | Pine Labs Raises $600 Mn Funding Led By Fidelity, BlackRock | IPO-bound merchant commerce platform Pine Labs today announced a $600 Mn investment round with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana and Tree Line among others.
A fund advi... |
| - | Pine Labs Raises Fresh Funding From Lone Pine At Over $2 Bn Valuation | Fintech unicorn Pine Labs has announced raising a fresh round of funding from Lone Pine Capital at a valuation of over $2 Bn. While the company did not disclose the funding amount, CEO B Amrish Rau, announced on Twitter than Lone Pine will ... |
| - | Digital Retail Payments Platform Pine Labs Raises $82 Mn Led By Actis | New Delhi-based digital retail payments platform Pine Labs has raised a funding round of $82 Mn led by Actis Capital and joined by new investor Altimeter Capital.
Pine Labs is an active player in point-of-sale payments in India, replacing t... |
| - | Pine Labs Raises $125 Mn From PayPal, Temasek To Build ‘World Class’ POS Payments Platform | New Delhi-based Pine Labs, a digital retail payments platform, has announced that Temasek and PayPal Holdings Inc have acquired minority stakes in the company for a combined $125 Mn.
Earlier, Inc42 had reported that Temasek was looking to i... |
| - | Temasek Likely To Invest $400 Mn In Pine Labs | Sequoia-backed fintech startup Pine Labs may soon add Singapore government-owned Temasek Holdings Ltd on its portfolio of investors. Temasek is reportedly planning to invest $350 Mn (INR 23.5 Bn) to $400 Mn (INR 26.9 Bn) to acquire a signif... |
