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Welcome To IANS Live - BUSINESS - Pine Labs acquires consumer fintech platform Fave for $45M

Photo Credit: IANS IANSLive New Delhi, April 13 (IANS) Merchant commerce platform Pine Labs on Tuesday said it has acquired Fave, Southeast Asias fast-growing consumer fintech platform, for over $45 million. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 13-Apri...
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Unicorn fintech firm Pine Labs acquires Fave in deal valued over $45 mn

Unicorn fintech company Pine Labs has acquired Fave, Southeast Asia’s fast-growing consumer fintech platform, in a deal valued over $45 million. Malaysia-based company Fave provides QR payments and loyalty cashback to restaurants and retailers. It has enabled 6 million consumers in SEA to save over $400 million across 40,000 retailers since 2016. With this acquisition, Indian consumers will be able to use the Fave app later this year to save across 500,000 merchant network points powered by ...
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Pine Labs acquires Fave in $45-mn deal

Updated: Share Article AAA Merchant commerce solutions provider Pine Labs on Tuesday said it has acquired consumer fintech platform Fave in a deal valued at more than $45 million, as part of its expansion plans. Fave’s investors will receive an all-cash payout, while founders and key Fave employees will receive both cash and Pine Labs shares, Pine Labs said in a statement. Fave will be hiring more than 100 new employees in Southeast Asia and India to accelerate cashless payments and smart sav...
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Airtel launches 5G-ready IoT platform

The telecom major launched Airtel IoT - an integrated platform that enables enterprises to harness the power of Internet of Things (IoT) and be ready for the emerging era of connected things. Airtel IoT is an end-to-end platform with the capability to connect and manage billions of devices and applications in a highly secure and seamless fashion. At its core is Airtels robust 5G Ready network that comes with the option to deploy NB-IoT, 4G or 2G connectivity using Airtel e-SIM technology. It a...
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Airtel launches Airtel IoT, an integrated 5G ready platform to connect and manage multiple devices

Airtel launches Airtel IoT, an integrated 5G ready platform to connect and manage multiple devices Airtel notes that Airtel IoT is an end-to-end platform with the capability to connect and manage billions of devices and applications in a highly secure and seamless fashion. Yasmin Ahmed | April 7, 2021 | Updated 18:00 IST (Picture: Reuters) Highlights Airtel IoT is an end-to-end platform with the capability to connect and manage billions of devices and applications. The company notes that Airte...
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