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sonia mehta 2021-11-19
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India-based merchant commerce solution provider Pine Labs has acquired its investee Malaysian-based payments and deal discovery platform Fave in a deal valued at US$45 million. This move is expected to enable the company get into the consumer payments segment. With this multi-million cash and stock deal, Fave is planning to launch its payments app in India later this year. Whereas, on the other end, Pine Labs has a strong position in the payments segment. With this acquisition, Pine Labs can jump into several segments including merchant discovery, digital storefront, and UPI P2M (peer to merchant) space.
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Frank Wilkerson 2018-05-31

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round.

The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government with over $200 billion in assets.

Both will take undisclosed “minority shares” in Pine Labs.

The new deal takes New Delhi-based Pine Labs to $208 million raised from investors to date.

It previously closed an $82 million investment from PE funds Actis and Altimeter Capital in March of this year at a reported valuation of $900 million.

Recent reports speculated on the Temasek investment (but not PayPal) which would give Pine Labs a valuation of over $1 billion, thus vaulting it into the global ‘unicorn’ club.

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Nicolas Yeager 2021-07-06
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Pine Labs wants to become the first Indian fintech to list offshore, with the right unit economics and Ebitda profile, while recording 50-60% revenue growth year-on-year
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MarTech Cube 2020-05-04
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Mirum India, the digital solutions agency will now be seen providing services for marketing automation, like the implementation of Salesforce Marketing Cloud solutions for Pine Labs and Zomato.Mirum India is a Salesforce Gold Consulting Partner and has been associated with Salesforce for over eight years.

It has more than 100+ installations of Marketing Automation across the entire stack of Extract Target, Social Studio, and also Datorama & DMP martech news.The Indian food delivery and restaurant aggregator startup, Zomato is available in more than 10,000 cities from 24 different countries.A Fintech company based out of Noida, Pine Labs offers payment acceptance technology, in-store customer credits, stored value products, and several other merchant solutions in India, Middle East, and Southeast Asia.The Joint CEO of Mirum India, Hareesh Tiberwala stated that Zomato has a presence in 24 countries and Pine Labs over 150,000 merchant relationships and these are the leaders in the new-age startups of India.

He also stated that Mirum India is proud to be capable of working with them.Mirum India has been one of the early entrants in the field of marketing automation in India.

It also brings with it, Salesforce Gold Consulting Partnership with more than eight years of work and experience.

The company has the great domain expertise and an extremely talented workforce and is confident about delivering a marketing cloud solution seamlessly for Zomato and Pine Labs.

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Lawrence Bowman 2021-07-07
The ambitious startup that bought an industry Goliath and Pine Labs’ US$600 million fundraise
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Harold Roscoe 2021-07-07
Singapore-based fintech firm Fave, which Pine Labs had recently acquired, launched its own BNPL services in the country last month.
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Gerald Hurtado 2021-04-13
Indian consumers will be able to use Fave's smart payments app later this year across 500,000 merchant network points powered by Pine Labs.
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Guy Moorhouse 2021-04-19
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The recent Fave buyout by Pine Labs created speculation on whether investors got a good deal and whether it was a distress sale. We find out more.
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Isiah Jone 2021-07-06
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Pine Labs said it closed the round after being EBITDA profitable for several years. For its FYE 2019, it had reported an EBIT loss of US$2.4 million.
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Becklinaj 2021-08-27

Personally, I think you should download Pine Labs All Taps, if you run a business then is such a great app.

It supports 100+ payments such as QR codes, Payment links, UPI, Payment wallet etc in just one app.

It’s a very easy sign-up process and takes very little time.

The best part is that you can even make NFC payments using your credit or debit card and just pay using the tap and pay feature on the app.

The settlement process is also quite quick and the app is also trustworthy.

Pine Labs creates epos machines, which you might have seen in many shops but they have launched an app that can be used on any smartphones with WiFi.

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0
Antonio Barron 2021-02-24
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Amazon, ICICI Bank and Axis Bank are said to partner with fintech startups Pine Labs and BillDesk to set a 'New Umbrella Entity' (NUE) that will build a UPI-like settlement system in India's digital payments space.
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0
Michael Vaughn 2021-02-25
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The biggest investments were into Bengaluru-based payments firm Navi Technologies at $397.9 million from angel funds, Noida-based Pine Labs attracted $300 million from private equity players, and Razorpay received $100 million from GIC of Singapore, Sequoia and others, making it a unicorn
collect
0
Scott Mayle 2021-05-17
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The development comes after it acquired Singapore-based fintech platform Fave in a US$45 million deal.
collect
0
Michael Rase 2021-04-13
img
With the acquisition, Fave will bring its consumer loyalty offering to India and will launch a separate app for consumers
collect
0
Warren Edwards 2021-04-13
img
Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 million as the Indian firm looks to strengthen its consumer-focused offerings in the domestic and international markets. Fave helps an offline merchant connect and retain customers by using gift cards and vouchers. The startup allows merchants to accept […]
collect
0
Jackie Brown 2021-07-06
img
Pine Labs said on Tuesday it has closed a $600 million financing round as the Asian merchant commerce platform sets the goal to explore the public markets within two years. Fidelity Management & Research Company, BlackRock, Ishana, as well as a fund advised by Neuberger Berman Investment Advisers, and IIFL and Kotak invested in the round, […]
collect
0
sonia mehta 2021-11-19
img
India-based merchant commerce solution provider Pine Labs has acquired its investee Malaysian-based payments and deal discovery platform Fave in a deal valued at US$45 million. This move is expected to enable the company get into the consumer payments segment. With this multi-million cash and stock deal, Fave is planning to launch its payments app in India later this year. Whereas, on the other end, Pine Labs has a strong position in the payments segment. With this acquisition, Pine Labs can jump into several segments including merchant discovery, digital storefront, and UPI P2M (peer to merchant) space.
Nicolas Yeager 2021-07-06
img
Pine Labs wants to become the first Indian fintech to list offshore, with the right unit economics and Ebitda profile, while recording 50-60% revenue growth year-on-year
Lawrence Bowman 2021-07-07
The ambitious startup that bought an industry Goliath and Pine Labs’ US$600 million fundraise
Gerald Hurtado 2021-04-13
Indian consumers will be able to use Fave's smart payments app later this year across 500,000 merchant network points powered by Pine Labs.
Isiah Jone 2021-07-06
img
Pine Labs said it closed the round after being EBITDA profitable for several years. For its FYE 2019, it had reported an EBIT loss of US$2.4 million.
Antonio Barron 2021-02-24
img
Amazon, ICICI Bank and Axis Bank are said to partner with fintech startups Pine Labs and BillDesk to set a 'New Umbrella Entity' (NUE) that will build a UPI-like settlement system in India's digital payments space.
Scott Mayle 2021-05-17
img
The development comes after it acquired Singapore-based fintech platform Fave in a US$45 million deal.
Warren Edwards 2021-04-13
img
Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 million as the Indian firm looks to strengthen its consumer-focused offerings in the domestic and international markets. Fave helps an offline merchant connect and retain customers by using gift cards and vouchers. The startup allows merchants to accept […]
Frank Wilkerson 2018-05-31

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round.

The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government with over $200 billion in assets.

Both will take undisclosed “minority shares” in Pine Labs.

The new deal takes New Delhi-based Pine Labs to $208 million raised from investors to date.

It previously closed an $82 million investment from PE funds Actis and Altimeter Capital in March of this year at a reported valuation of $900 million.

Recent reports speculated on the Temasek investment (but not PayPal) which would give Pine Labs a valuation of over $1 billion, thus vaulting it into the global ‘unicorn’ club.

MarTech Cube 2020-05-04
img

Mirum India, the digital solutions agency will now be seen providing services for marketing automation, like the implementation of Salesforce Marketing Cloud solutions for Pine Labs and Zomato.Mirum India is a Salesforce Gold Consulting Partner and has been associated with Salesforce for over eight years.

It has more than 100+ installations of Marketing Automation across the entire stack of Extract Target, Social Studio, and also Datorama & DMP martech news.The Indian food delivery and restaurant aggregator startup, Zomato is available in more than 10,000 cities from 24 different countries.A Fintech company based out of Noida, Pine Labs offers payment acceptance technology, in-store customer credits, stored value products, and several other merchant solutions in India, Middle East, and Southeast Asia.The Joint CEO of Mirum India, Hareesh Tiberwala stated that Zomato has a presence in 24 countries and Pine Labs over 150,000 merchant relationships and these are the leaders in the new-age startups of India.

He also stated that Mirum India is proud to be capable of working with them.Mirum India has been one of the early entrants in the field of marketing automation in India.

It also brings with it, Salesforce Gold Consulting Partnership with more than eight years of work and experience.

The company has the great domain expertise and an extremely talented workforce and is confident about delivering a marketing cloud solution seamlessly for Zomato and Pine Labs.

Harold Roscoe 2021-07-07
Singapore-based fintech firm Fave, which Pine Labs had recently acquired, launched its own BNPL services in the country last month.
Guy Moorhouse 2021-04-19
img
The recent Fave buyout by Pine Labs created speculation on whether investors got a good deal and whether it was a distress sale. We find out more.
Becklinaj 2021-08-27

Personally, I think you should download Pine Labs All Taps, if you run a business then is such a great app.

It supports 100+ payments such as QR codes, Payment links, UPI, Payment wallet etc in just one app.

It’s a very easy sign-up process and takes very little time.

The best part is that you can even make NFC payments using your credit or debit card and just pay using the tap and pay feature on the app.

The settlement process is also quite quick and the app is also trustworthy.

Pine Labs creates epos machines, which you might have seen in many shops but they have launched an app that can be used on any smartphones with WiFi.

Michael Vaughn 2021-02-25
img
The biggest investments were into Bengaluru-based payments firm Navi Technologies at $397.9 million from angel funds, Noida-based Pine Labs attracted $300 million from private equity players, and Razorpay received $100 million from GIC of Singapore, Sequoia and others, making it a unicorn
Michael Rase 2021-04-13
img
With the acquisition, Fave will bring its consumer loyalty offering to India and will launch a separate app for consumers
Jackie Brown 2021-07-06
img
Pine Labs said on Tuesday it has closed a $600 million financing round as the Asian merchant commerce platform sets the goal to explore the public markets within two years. Fidelity Management & Research Company, BlackRock, Ishana, as well as a fund advised by Neuberger Berman Investment Advisers, and IIFL and Kotak invested in the round, […]