Page 86 - Pine Labs News Today

Pine Labs raises fresh funding from Lone Pine Capital December 21, 2020 Valuation of merchant commerce platform crosses $2 billion Pine Labs, a merchant commerce platform, has raised an undisclosed amount of funding in a fresh round from Lone Pine Capital, the US-based hedge fund headquartered in Greenwich, Connecticut. With this investment, Pine Labs is now valued at over $2 billion. “We are thrilled to welcome Lone Pine as an investor during this exciting and transformative phase of Pine L...

Global Banking & Finance Review Mastercard and Pine Labs to expand “pay later” instalment solution to five Southeast Asian markets in early 2021 Published 4 months ago Mastercard and Pine Labs will launch their integrated “pay later” solution in five Southeast Asian markets early next year to offer consumers the flexibility of zero-interest instalments on purchases, expand business for merchants and connect banks, fintechs, payment gateways and device makers to a rapidly growing financ...

× Malaysia’s Fave struggles to get cashback train on track One pivot, a series of acquisitions, and a US$4 million down round later, Fave is still struggling to find a strong footing for its business. It’ll soon have to face larger and better-funded competitors that are encroaching its offline loyalty space 15 Dec 2020 Fave had its valuation slashed by more than half to US$34 million after raising money from Indian payments unicorn Pine Labs in July After pivoting from a fitness platform, ...