Recent events
Recent events tied to this brand in public sources.
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2022
Pine Labs acquires Qfix
Pine Labs announced that it had acquired Mumbai-based online payments startup Qfix for an undisclosed sum.
2021
Zebrs partners with Plural by Pine Labs
India-based shopping platform Zebrs joined hands with Plural by Pine Labs to facilitate better online checkout; Pine Labs said it would power the Zebrs Online EMI Store with Plural.
2021
Pine Labs faces an alleged data breach
Cyble reportedly disclosed that a ransomware hack allegedly exposed more than 50,000 unique records associated with Pine Labs. Pine Labs denied that a data breach had occurred and said it was investigating the source of the information.
2021
Pine Labs announces $600 million investment round
Pine Labs announced a $600 million investment round involving new investors and other participants. The investment is subject to approval from India's Securities and Exchange Board.
2021
Pine Labs announces acquisition of Fave
Pine Labs announced the acquisition of fintech startup Fave for $45 million. The article says Fave would be rolled out in India soon and that the acquisition would enable Indian consumers to transact at Pine Labs-powered merchant locations.
2021
Pine Labs acquires Fave
Pine Labs said it had acquired Southeast Asian startup Fave in a deal valued at $45 million. Pine Labs said the acquisition would help it strengthen its consumer-focused offerings in domestic and international markets.
2021
Pine Labs launches AllTap payment acceptance app
Pine Labs launched the AllTap app, which enables merchants to use an NFC-enabled smartphone as a payment acceptance device.
2020
Pine Labs raises funding from Lone Pine Capital
Pine Labs raised an undisclosed amount of funding from US-based hedge fund Lone Pine Capital, with the company valued at more than $2 billion following the investment.
2020
ICICI Bank launches Cardless EMI
ICICI Bank launched a digital EMI facility in partnership with Pine Labs, allowing pre-approved customers to make instalment purchases using a mobile number, PAN and OTP instead of a card or digital wallet.
2020
Pine Labs appoints Amrish Rau as CEO
Pine Labs said it appointed Amrish Rau as its chief executive officer, replacing Vicky Bindra.
2020
Pine Labs announces Paper PoS launch
Pine Labs announced the launch of Paper PoS, a merchant solution for accepting multiple forms of UPI and Bharat QR payments through a single merged static QR at the point of sale.