Page 4 - Pine Labs

Google Pay launches Tap to Pay for UPI, in collaboration with Pine Labs

The functionality will be available to any UPI user who wants to use their NFC-enabled Android smartphone to transact using any Pine Labs Android POS terminal across the country

Pine Labs raises $50 mn, to expand BNPL offering in Southeast Asia

Pine Labs serves large, mid-sized and small merchants across India and Southeast Asia, and is expanding its Buy Now Pay Later (BNPL) offering in Southeast Asia.

Pine Labs raises $150 mn from Alpha Wave, takes total to $870 mn in 7 mths

Valuation not disclosed, though one report put the figure at $5 bn

Merchant commerce platform Pine Labs acquires online payments startup Qfix

More than 5,000 merchants are presently on the Qfix platform including educational institutions, governments and clubs

Fintech startup Pine Labs seeks to raise $500 million in IPO: Report

Labs Pvt, an Asian digital payments provider backed by Sequoia India and Mastercard Inc., is moving ahead with preparations for a US listing and seeks to raise about $500 million

State Bank of India pumps $20 million into Pine Labs in latest fintech bet

In 2021, Pine Labs had raised a total round size of $600 million from a marquee set of new investors

Pine Labs launches 'Plural Tokenizer' to help firms with RBI norms

Service announced in line with central bank's new data security guidelines coming into effect from January 1

Pine Labs enters online payments with three products under one platform

Firm says its 'Plural' platform is built to disrupt payments gateway space, make offline-to-online shift easier for merchant base and other online businesses

Aiming for $25 bn annual payments processed on Plural: Pine Labs CEO

Company says it now plans to disrupt the payments space through a suite of online payment products focused on speed, security, and user experience

US-based Invesco Fund invests $100 mn in Sequioa-backed Pine Labs

Earlier in July, the company had raised a total round size of $600 million and brought in a marquee set of new investors, which took its valuation to $3 billion

The point-of-sale machine: Clearly, there is a world beyond the swipe

The point-of-sale machine has evolved from a mere swiping facility to a tool used by merchants for inventory management, bookkeeping and more

Fintech firm Pine Labs closes $600 mn fundraise, eyes IPO in 18 months

With the current close, the valuation of the firm stands at $3 billion.

Pine Labs may raise additional funds; aggressively scaling online biz

Close on the heels of a USD 285-million investment round, fintech major Pine Labs may raise additional funds in the coming weeks according to company official.

Pine Labs secures $285 mn funding, unicorn firm's valuation tops $3 bn

Company offers merchants payment technology and working capital; it started as a retail solutions player in petroleum.

Unicorn fintech firm Pine Labs acquires Fave in deal valued over $45 mn

Malaysia-based company Fave, which provides QR payments and loyalty cashback to restaurants and retailers, has enabled 6 million consumers in Southeast Asia to save over $400 million since 2016

Pine Labs launches AllTap app to turn phone into payment acceptance device

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

Pine Labs' valuation tops $2 bn on closing funding from Lone Pine Capital

Funding makes it country's most valued fintech after Paytm and PhonePe. Pine Labs silent on deal size, industry sources put it at $75-100 million

Unicorn fintech company Pine Labs invests in Malaysia-based Fave

Pine Labs processes payments of $30 billion per year and serves some 150,000 merchants across about 450,000 network points in Asia.

Pine Labs plans to deploy 150,000 Android POS devices by next fiscal

The company plans to considerably scale up its Android POS network in 2020-21 to 1.5 lakh machines and diversify into newer industries

Fintech firms PhonePe and PineLabs get fresh funding from parent companies

PhonePe has received Rs 697.9 crore from its parent entity PhonePe Pvt Ltd while Pine Labs has raised about Rs 707 crore through a rights issue to its parent entity, Pine Labs Pte. Ltd