Pine Labs raises US$285M

Pine Labs online payment service company has raised US$285 million in funding after just five months of its previous fundraise.

Now, they have investors like Baron Capital Group, Sunley House Capital, Duro Capital, Temasek, Marshall Wace, Moore Strategic Ventures, Ward Ferry Management, and Lone Pine Capital.

The company will use the funding for expanding its current offerings and to make more secure its online payments gateway.

Pine Labs is a company based in Singapore. The company serves large, mid-sized, and small merchants across Asia and the Middle East as a payments platform.

Its technology platform offers offline and online retail transactions, provides customer insights to merchants for targeted sales, and offers risk-managed financial solutions for merchants and helps them to grow their business.

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Al Soad

This is Abdullah Al Soad hailing from Dhaka. Always keen to explore new people, places & foods. A movie lover, book reader, enthusiastic about tech-related things. Thank You.