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 and earn $4 to $5 billion in monthly transactions within two years from the $380 million it’s currently taking in...
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 products. Plus, Singapore is rolling up the welcome mat for crypto firms, and Klarna takes issue with Barclays research. Pine...
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 Thursday (June 23) press release. The deal is valued between $70 million and $75 million, Indian paid television station CNBC-TV18 reported, citing unnamed...
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) and accounts payable (AP) capabilities. Circle Getting Closer to Applying for Bank License Cryptocurrency company Circle Internet Finance is getting...
February 04, 2020
A quick survey of the most recent edition of the PYMNTS Buy Now, Pay Later Tracker indicates that a genuine sea of change is rising when it comes to how merchants want to interact with their customers, and how consumers want to manage their transactions. And it is something that one can observe all over the world in […]
August 23, 2019
Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take stock of two quarters and the YTD —...
November 10, 2022
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, announced Thursday (Nov 10) that it has partnered with merchant commerce platform Pine Labs to create a new zero-interest installment payment plan for patients. The companies describe the collaboration as […]
August 05, 2022
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 and earn $4 to $5...
June 23, 2022
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 Thursday (June 23) press release. The...
April 13, 2022
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, the company announced Wednesday (April...
