Page 5 - Pine Labs

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

Pine Labs opens its Android application program interface to developers

Developers can use the platform to build innovative solutions for small merchants and businesses

Pine Labs gears up for next phase of growth, plans to foray into new mkts

In the next couple of years, the Noida-based firm is also expecting the total payment volume (TPV) on its transactions to rise more than four-fold to $100 billion from $23 billion

'Soonicorns': Cashing in on e-payments surge, Pine Labs eyes Unicorn tag

In the third part of a series on soon-to-become Unicorns, we take a look at Pine Labs' business model

Sequoia-backed Pine Labs raises $125 mn from Temasek and PayPal

This is the second fund-raising for the company in this calendar year after it raised $82 million in an earlier investment round

Sequoia-backed payments firm Pine Labs raises $82 mn from Actis, Altimeter

Pine currently processes 450 million transactions worth over $15 billion in a year