PYMNTS-MonitorEdge-May-2024

Pine Labs

Report: Pine Labs Considering IPO in India, Seeking $6 Billion Valuation
Report: Pine Labs Considering IPO in India, Seeking $6 Billion Valuation
June 21, 2024  |  IPO

Asian digital payments provider Pine Labs is reportedly considering a $1 billion initial public offering (IPO) in India, seeking a valuation of $6 billion. The company...

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KPJ Healthcare and Pine Labs Team Up on Patient BNPL Plan
KPJ Healthcare and Pine Labs Team Up on Patient BNPL Plan
November 10, 2022  |  Healthcare Financing

The growing market for alternatives for patients to pay increasingly costly healthcare bills has spawned another payments partnership. Malaysia-based KPJ Healthcare, a specialist healthcare organization,...

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Pine Labs Payments Unit Plural Expects Exponential Growth Within 2 Years
Pine Labs Payments Unit Plural Expects Exponential Growth Within 2 Years
August 05, 2022  |  Digital Payments

Merchant commerce omnichannel platform company Pine Labs’ online payments processing division Plural is anticipated to grow 10 to 15 times in the next two years...

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Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
Today in FinTech: Singapore Questions Crypto’s Utility; Klarna Challenges BNPL Research
June 23, 2022  |  Technology

In today’s FinTech news, Pine Labs in Noida, India, is acquiring Setu in Bengaluru, India, to grow Pine Labs’ offering of digital payments and lending...

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Pine Labs Acquires Setu in Reported $70M to $75M Deal 
Pine Labs Acquires Setu in Reported $70M to $75M Deal 
June 23, 2022  |  Acquisitions

Merchant commerce omnichannel platform company Pine Labs is acquiring application programming interface (API) infrastructure startup Setu to bolster its suite of digital payments and lending products, according to a...

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Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
April 13, 2022  |  Technology

In today’s FinTech news, cryptocurrency firm Circle Internet Finance is one step closer to becoming a bank, while Libeo is launching one-click accounts receivable (AR)...

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Pine Labs Grabs Majority Stake in Mosambee 
Pine Labs Grabs Majority Stake in Mosambee 
April 13, 2022  |  Investments

Pine Labs, the India-based eCommerce platform that provides financing and last-mile retail transaction technology, has made a significant majority investment in end-to-end payment solution provider Mosambee,...

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Home Credit India Partners With Pine Labs to Build Omnichannel Transactions Network
Home Credit India Partners With Pine Labs to Build Omnichannel Transactions Network
April 10, 2022  |  Partnerships

Home Credit India (HCI), a local arm of the global consumer finance company, is partnering with Pine Labs, which works with payments and merchant commerce,...

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Today in FinTech: UK Neobank Opens in US; India’s Pine Labs Eyes Setu
Today in FinTech: UK Neobank Opens in US; India’s Pine Labs Eyes Setu
February 02, 2022  |  Connected Economy

In today’s FinTech news, acquisitions take the spotlight as Pine Labs eyes Setu in India and Northmill buys Moreflo to help merchants deliver a better...

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