Fintech war on social media as Pine Labs takes dig at Paytm front-page ads
Trying to cash in on crisis at rival Paytm Payments Bank, Pine Labs delivers a message with digital ad campaign, proclaiming, ‘The front page can be bought. Trust cannot’
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Razorpay, Cashfree Payments get payment aggregator licence from RBI
Fintech companies will now be able to onboard new customers
Razorpay, Pine Labs get RBI nod for payment aggregator licence
For safety of merchants and consumers, RBI had issued a framework in March 2020, making it mandatory for payment gateways to have a licence to acquire merchants and provide them with digital solutions
Pine Labs acquires Setu in a $70-75 mn deal
The future will see data, identity, consumer information made available in a frictionless manner, and Setu has done tremendous amount of work in this area, says B Amrish Rau, CEO at Pine Labs.
State Bank of India invests $20 million in Pine Labs
The funding by India's largest lender comes after the IPO-bound startup raised $700 million in 2021.
“Built a massive network among retailers”
“The quality of your product will always be the best indicator of the company. As long as the quality is great, the product will sell easily.”
The year of the unicorns
Last year, despite the pandemic ravaging Indian economy, there was one silver lining: India saw the rise of 11 new unicorns. Here is a list.
Pine Labs raises $125 mln from Temasek, PayPal
Funds will help Pine Labs as it ramps up its regional expansion
