Pine Labs Snaps up Majority Stake in Payment Solutions Firm Mosambee
Pine Labs, an Indian merchant commerce platform, announced that it has made a significant majority investment into Mosambee.
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Pine Labs, an Indian merchant commerce platform, announced that it has made a significant majority investment into Mosambee.
Alok Arora, Bhushan Thaker, and Sameer Chugh created Mosambee, a payments solution startup, in 2012. The company provides a merchant solutions platform to physical and online merchants in India and six other countries, and its products are used by over a million Small and Medium Enterprises (SMEs) and government entities.
Merchant commerce platform Pine Labs on Wednesday said it has made a significant majority investment in end-to-end payment solution provider Mosambee in India, as it expands Buy Now Pay Later (BNPL) offering in Southeast Asia.With this ...
Pine Labs announced a string of acquisitions post successful fund-raising rounds worth $700 million this year, at a $3.5 billion valuation, which also included a $100 million pre-IPO placement.
Pine Labs acquires majority stake in payments solutions platform Mosambee