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Pine Labs, a merchant commerce platform, has acquired Fave, South-East Asia’s fast-growing fintech platform, in a deal valued at over $45 million.This acquisition marks the entry of Pine Labs into the
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 Pine Labs across 3,700 in India. The acquisition will help both companies accelerate their growth i...
The company will also be hiring over 100 new employees in Southeast Asia and India to accelerate cashless payments and smart savings across the region.
Featuring greater flexibility with high-interest yields, meet the new generation of insurance-savings hybrids. If you’ve ever been torn between saving money and having insurance protection, you’d be glad to know there are financial products that combine the two. These products — a type of universal life plan — promise to pay interest on the amount you put in, at better...
The New Paper Gain City's Tech Show back with up to 70% off branded gadgets The local consumer electronics and air-conditioner retailer's New Homeowners Group Buy event is also taking place this weekend at Megastore@Sungei Kadut. PHOTO: GAIN CITY Mar 05, 2021 06:00 am 0 Engagements Gain City's massive Tech Show is back tomorrow and Sunday at the Gain City Megastore@Sungei Kadut, where shoppers will be introduced to smart home upgrades paired with attractive discounts. What's more, expect up to 70 per cent off laptops, gaming gear, phones, IT gadgets, smart home products and more from your fav...