Pine Labs

Acquired

POS Machine, Payment Gateway & Fintech Solutions

Noida, India · Founded 1998 · $616.0M raised

Headquarters
Noida
Employees
1001–5000
Founded
1998
Business Model
B2B
Total Funding
$616.0M
Last Round
$285.0M Venture RoundMay 2021
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Pine Labs is a merchant commerce platform founded in 1998 in India that simplifies payments for merchants, financial institutions, and brands. Its mission is to enrich the world through digital commerce and financial services, building an integrated fintech platform spanning in-store and online payments, prepaid solutions, and value-added services. Since its founding, Pine Labs has expanded across Asia, acquiring companies including Qwikcilver, Fave, Setu, and Shopflo, and now serves merchants throughout India and Southeast Asia with POS terminals, payment gateways, and issuing solutions.

Summary

Pine Labs is a Fintech company based in Noida, India, founded in 1998. It has raised $616.0M in total across 4 rounds, most recently a $285.0M Venture Round in May 2021. Investors include Sequoia Capital, Temasek and Vitruvian Partners.

Tech & App Stack

12 technologies & apps tracked

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Funding History

Venture RoundVenture RoundMay 2021
$285.0M

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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