Pine Labs makes majority investment in payment solution provider Mosambee

The leadership team at Mosambee will continue to operate independently.

Merchant commerce platform Pine Labs said that it has made a significant majority investment in Mosambee, a fast-growing end-to-end payment solution provider in India. This investment by Pine Labs will now value Mosambee at upwards of  $100 million.

“At Pine Labs, we continue to focus on deep technology and SaaS," said Amrish Rau, CEO, Pine Labs. "Ever since its founding, Mosambee has made tremendous inroads into elevating the merchant experience through cutting-edge fintech solutions. They were a natural fit for us due to our shared purpose of making innovative fintech products accessible to all and driving forward the digital payment